Hi Rick, Interesting how you use only a 10EMA on the M5 chart,...

  1. 69 Posts.
    Hi Rick,

    Interesting how you use only a 10EMA on the M5 chart, does that include the TDI or is that on a larger timeframe? If not im guessing your entry is programmed so when the price leaves the EMA by a certain distance it will open a position. Although i would be unsure why you would choose that over a simple crossover of two MA's.

    I use a crossover strategy based off the TDI on the 4H chart, and one of my goals has been to implement aspects of this strategy into another EA that trades a smaller timeframe like M15 or M5 like you mentioned earlier, and refers to the larger timeframe for the direction of the trend and other conditions like avoiding consolidation. I definitley found using a TDI to be much more useful then a standard RSI, which I what i used before I created the EA.
 
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