News Focus
News Focus
Followers 38
Posts 6681
Boards Moderated 2
Alias Born 05/05/2014

Re: stiv post# 1982

Wednesday, 12/22/2021 7:03:27 AM

Wednesday, December 22, 2021 7:03:27 AM

Post# of 2188
I have been playing with the Multi-X you made me aware of and am liking it.

I believe with it you are using a 9EMA and a 21MA. This is not too far off from the ribbon of three I have been using, which is an 8EMA, 13MA, and 21EMA.

I took the Multi-X and changed it to use the 8EMA and 13MA I am used to, and added a separate 21EMA to replicate the ribbon of three I have been using with one huge exception; the area between the 8EMA and 13MA is now colored green or red depending on direction. This makes the ribbon signals familiar to me much more obvious, and also provide a green arrow/red X buy/sell signals, which again make it more obvious.

Here is how this all looks using the LABU/LABD ETF pair I track/trade;



...and just to be clear, here are the trading rules I am using with this ribbon of three illustrated on a Bitcoin chart.



Thanks for your help with this. Let me know if questions.

GLTY




My posts are my opinion. Always trade at your own risk.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today