Ivan the great,
In Kolachi Method, we use macd for second opinion. However, we can trade without it as we are not dependent on it.
You can ignore macd when you think it is indecisive but make sure to use stoploss below swing low so that if marekt turns against you dont lose everything. Usually this happens when we enter on a flat wma5 and do not wait for slope change confirmation by close of the candle.
kolachi
Quote:
Originally Posted by ivan_mynx
hi kolachi...this method is amazing...i like it..this is the method that i looking for...kolachi thanks for teaching us..you are the best guru..  , guru..may i know your email address?
guru, i have question here..hopes you reply me..
Is that we entry the market only when the slope of wma 5 change up/down? I use Macd for make sure the posisition is right..i entry the market when the slope of wma 5 going up..and the Macd bar going up from bearish posisition to bullish..but waiting Macd sometimes make me wait too long..can i just entry the market just when the wma 5 change the slope ignoring the MACD bar? Thanks guru.. |