Simple's Green Room

[pennies2007]

Yep Jav, I'm finding that using another smaller COG is necessary to help confirm what we see in the larger COG. The large one is working well at settings of 200 and 2. The smaller one seems to work well at 50 and 2. So using both on the same chart helps a lot. I just posted a detailed test trade on the GU 15 minute chart to show what I mean.

Taking arbitrary trades at the upper and lower levels of the COG set at 200 and 2 are probably OK, but the smaller COG inside the larger one tells you for sure if the short or long is a good idea.