There were couple of guidelines for me while i was searching for best combination that will not require constant monitoring like many other manual trading systems but that is not fully automated like an most of EA`s. I am looking forward for your suggestions for improvement, or anyone brave who can create EA based on this strategy by combining this indicators. Thankyou,for your share,i will demo over the coming weeks,do you trade live,and best forex trading system no repaint you trading only the EURUSD,using this method,as always the problems seem to be when to exit,and when to let the trade run. ADX maybe might be another exit,any thoughts.
What kind of results have you been getting? I did try to apply the template to 1M, then changed the SSL_fast_sbar to 5M, I found out that once 5 minutes was finished, the previous 5 bars in 1M changed color? SSL does not repaint the past once the signal is confirmed, but it will repaint the previous 5 bars if you are watching the 1 min chart with 5 min time frame SSL settings when the signal is confirmed. Nonlag MA is for that purpose. In my system,on 15 min chart SSL on 4h timeframe will repaint last 16 bars !
But that doesn’t need to worry you! You will avoid trading at this period as you would not have any valid signals! 22nd of Nov there was an change in SSL color. SSL was green at that moment. 16 bars but if you were following the rules you were safe as you were out trading at that moment! By following the rules you will NEVER be in or enter the trade while the SSL color change appear! SSL color change, count 16 bars and see that acording the rules you wouldn’t have any postion open at that moment!