Johnnyalpha8
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This is my variation of the Elder Impulse system.
The set-up is;-
Market:YM
Time-frame:15mins
Entry: Rising 130ema, rising 8ema, ADX above 25, go long when MACD histogram starts to rise as soon as that MACD bar closes.
Exit:8ema falling and MACD histogram starts to fall.
Also use a 100 point hard stop. If you have over 100 points and the ADX is greater than 40, exit any time you like.
Disclaimer: I've only traded this on a simulator for 1 year~4 quarters from 08~11, before I trade this live, I would back-test for another full year
and then forward test using 1 lot only.
Elder Impulse System - YouTube
The set-up is;-
Market:YM
Time-frame:15mins
Entry: Rising 130ema, rising 8ema, ADX above 25, go long when MACD histogram starts to rise as soon as that MACD bar closes.
Exit:8ema falling and MACD histogram starts to fall.
Also use a 100 point hard stop. If you have over 100 points and the ADX is greater than 40, exit any time you like.
Disclaimer: I've only traded this on a simulator for 1 year~4 quarters from 08~11, before I trade this live, I would back-test for another full year
and then forward test using 1 lot only.
Elder Impulse System - YouTube