I tried the 5 minute time frames but I didn't have as much luck so I went back to only 15 minute and above. This is an AU hourly. Again, had to run it ahead a good bit to get the larger COG to show up.
When both were headed in the same direction, I just waited for price to get back to the median intersection and went long. But in pretty much every case after that, price pulled back to test the lower green line in the smaller COG before it took off north.
But it tested successfully and headed up. Again, my target was the upper band in the larger COG. I had to keep moving my TP up as price action kept moving up and eventually price caught up with it.
56 pips profit on this one. So far, every pair I've tried and every time frame 15 minute and above responds well to the 200 and 2 settings for the big COG and 50 and 2 for the smaller one.
Well, I think the larger time frames hourly and up are going to be the best SG. The smaller time frames just don't hold up as well. I just had what looked to be a perfect short opp on an ECAD 15 minute chart in the tester and it turned into a very bullish one after the COGS repainted.
So large time frames it is. I guess the smaller time frames could be used but the larger COG setting would have to be way up there around 300 to 400 to get a better sampling rate.
Yep, the smaller the time frame, the much higher the sampling has to be. So far, the 15 minute time frame responds well to 1000 and 2 on the larger COG and 500 and 2 on the smaller COG.