Quote:
Originally Posted by kolachi
PL,
We dont use all wmas.
Kolachi Method uses wma5, ema21, ema55, ema100 and ema200.
The ususall colors for Kolachi Template are:
wma5 (Teal, Dark Green or any color) HL/2
ema21 (Yellow)
ema55 (Brown, Cyan)
ema100 (Blue)
ema200 (Red) THESE EMA'S ARE CALCULATED ON OPEN? CLOSE, OR SOMETHING ELSE
It makes life easier if we follow the same colors bcoz subconcious easily recognizes patterns with same colors).
I am sorry but in your chart I could not recognize which emas you are talking about.Please post chart again with Kolachi Template so that I can easily recognize them and answer your question.
kolachi
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My questions are in BLUE above
My mistake, I try to trade on a 5 min chart but I have attached another one with your colors requirements. Thank you for your help, it is very much appriciated.
peace out