by waelsaleem » Sat Jan 28, 2012 12:36 pm
Hello,
I have a request to make this strategy even better: Breakout-GMMACD Strategy:
This would be identical to the breakout strategy. The only difference is that the trade is triggered only if it is confirmed by the GMMACD indicator histogram. if the histogram (GMMACD value) is in the same direction of the trade, then the trade is triggered. Exit strategies are identical to the original strategy.
Note the diagram attached. The improved strategy would prevent the 2 potentially losing triggers that would have been otherwise triggered by the standard strategy.
This will likely prevent many losing trades triggered against the overal trend. Let me know what you think.
Great job as always.
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