should have traded today, even though the US was closed.
The EURJPY was a beautiful, smooth, 180 pipper short.
anyway, scouring t'interwebnet for new ideas, dunno why, but saw the "X50 5 trend scalper" on FF.
possibly has potential.
essentially, 2 Stochs, (5,3,3) and (14,3,3).
and MACD (5,13,1).
also some "absolute strength" indicator.
when both stochs cross the 50-line, ie, both below, AND MACD shows 1 or 2 bars below zero line, then short, vice-versa for longs.
(havent looked at abs-strength indicator, as I cant figure out what it does or how its calculated, so dont want to use it till I do)
markets have been pretty trendy, so difficult to tell how it performs in choppy markets.
anyway, thought it was quite neat even without abs-strength.