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Another example
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Old 12-21-2007, 03:03 PM
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Default Another example

This one, I couldnt trade unfortunately because I was not at home at the time, but it is another classic example of the brekaout rule.

The algorithm is very simple, if thin market and price is within support and resistance, and if price breaks support or resistance and if emas are good (black ema is above or below the other 2 emas) plus an according signal from the advanced indicator then equals to brekaout. (see picture)

I really dont get what is your problem with the 5 emas...
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