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| MJ64 15 posts msg #149390 - Ignore MJ64 |
10/23/2019 2:59:50 PM I am using 5 min charts and 5 and 13 ema buy on 2nd green candle that closes above 5 ema what I need is another indicator that I can use to confirm . Been using RSI does anybody have another that might be better . |
| xarlor 581 posts msg #149392 - Ignore xarlor |
10/23/2019 5:18:29 PM This may have some merit: Signal: CCI(14) crosses above -100 RSI(5) crosses above 30 Followed immediately by Confirmation: Green bar closes above EMA(5) EMA(5) crosses above EMA(13) Second green bar closes above EMA(5) Buy. Today's examples: HEAR at 10:30 FAST at 10:53 X at 11:30 ATVI at 15:19 Getting the entry right is the easy part. It's the exit everyone struggles with. |
| MJ64 15 posts msg #149393 - Ignore MJ64 |
10/23/2019 5:54:57 PM Thanks |
| snappyfrog 721 posts msg #149532 - Ignore snappyfrog |
11/4/2019 9:33:56 PM A trailing stop loss gets the exit every time. |
| graftonian 1,089 posts msg #149543 - Ignore graftonian |
11/6/2019 4:46:49 PM xarlor, Do you have a trading platform that allows you to filter the 5 minute chart on CCI, EMA, etc? |
| xarlor 581 posts msg #149544 - Ignore xarlor |
11/6/2019 6:28:05 PM Graft, ThinkorSwim (TDA) does it easy for the signal. 
If you want it to filter the signal and the confirmation it gets a tad more involved since they don't occur at the same time. Still, it is doable with the platform. |
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