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Re: Absolute simplest KISS method. Also, how should we measure risk/reward?
For anyone not reading other forums that I've posted this on, right now I'm thinking the success of this system relies in helping an EA or us make an educated guess to help us to determine if we should enter long or short in a trade. If out of 80% of the candles it doesn't matter if we're long or short then we need to focus on the 20% where it does matter. How do we predict more correctly those candles? My suggestions to get the thinking juices going was for an EA to look at a 4 hour chart and see where there 5 and 20 Hull MA's were. If the 5 HMA is above the 20 then the position is entered long and short if their positions are reversed. The positions are entered on the open of a daily or weekly chart but direction chosen on the momentum on a 30 minute to 4 hour chart. It could help tremendously. I'm trying to figure out how much more that actually helps in winning more than 50% of the losing 20%. Matt
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