San Francisco, CA, USA
Posts: 7 since Apr 2023
Thanks Given: 0
Thanks Received: 5
|
Hello,
I am developing a simple strategy, where I am taking this simple strategy of reversal candles by Trader Saber and adding a ema crossover and unirenko charts (T = 1, R = 15, O=5) ... With EMA 21 and EMA 50..
So My logic is that if i have a bull reversal signal and ema21 crossabove ema50 its a buy .. and bear reversal signal and ema21 crossbelow ema50, I have a sell.. Its purely to scalp 1 -2 points which is 4-8 ticks... I do put a stop loss at 10 ticks... It does well with extended down moves or upmoves, I am not looking to hit every trade i can find... just be consistent in the ones that do get triggered.
It gives me a buy signal and relatively short time it went up .. where it didnt even give me a chance to hit my 4 tick profit target .How can i tell my strategy to not hit that trade .
|