mxb1961

A Strategy for Market Entry and Exit - Part 3

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mxb1961 Updated   
OANDA:SUGARUSD   CFDs on Sugar
SUGARUSD:OANDA Weekly Chart

A-E are similar to A-C above.
F. This is another example of a DI becoming dominant in a pullback but for only a brief period of time. Notice how (A) gave a signal but that an exit was quickly signaled. After the pullback (B), then (C) gave a new entry signal to long side for many weeks before TRIX signaled a potential cover of the short.
G. Is another example of the action similar to (F).

NOTE: These types of actions work best when the ADX is above 20 or when it is trending up.

SUGARUSD:OANDA Daily Chart

More examples of the same concepts. However, this one provides good insight into a strong trend and how the TRIX, in conjunction with the DMI, will keep you in a market longer. And, when an exit is signaled, how to re-enter if the DMI indicates the trend is still intact.

Comment:
I've normalized the parameters for the indicators to be the same across all time frames that I look at (1hr, 4hr, daily, weekly, and monthly):
On candle chart: 11/21 period HMA
DMI: 10/10
TRIX: 5 with HMA on it with a period of 10
Stoch: (10, 3, 5)
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