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Additions I forgot (don't want to edit the original for those who read it already):
- One other parameter that's adjustable by discretion somewhat is the placement of the trade in time, abviously if the next bar opens above the ema after the first bar was there for 4min and 50sec or after it...
If you are a nervous trader like me, no system in the world will work for you. However, I have been working on a system that others have tried and it seems to be working.
Firstly, foget about trading big money if you are a nervous trader. Forget about sitting in front of the screen all day...
Does anyone have any comments on this or is something like this not considered valuable? I'm not a programmer although I can generally understand what the codes are doing so it may also be to complicated, to have 5/6 stoch lines on 4 timeframes all being combined into one element, or emda's...