Recent content by grayghost

In the above setup, the OsMA crossing is really superfluous and can safely be ignored. The trigger is usually the turn of MA 20 or the DMI new high. The main use of OsMA is to get hidden and regular divergences, in addition to any that might be offered by DMI, to give greater confidence in...

You may get better results if you add Bollinger Bands (20,2) and require that the middle band (SMA 20) turn in direction of trade; this militates against premature entries. For additional assurance, add Ichimoku (7,22,44), kumo (the cloud) only, and require that trade occur on correct side of...

Try adding the Ichimoku for determination of trend and for filtering of buy/sell signals. Realize, however, that the Ichi, like all indicators, is more reliable at longer timeframes. (Day trading is a tough game.) The daily TF seems to work well.