This journal would be to test and document results using an EMA signal indior based off the daily charts.
Pairs traded: All that ODL provides with spreads under 10.
Indior configurations:
FastEMA:1
SlowEMA: 10
Will attach indior post account details this evening (0 GMT).
My beginning account balance is $25K. I'll be trading 3 positions (.1 lot each) for every new signal.
Take profit will be as follows:
1st position: 50 pips
2nd position: 100 pips
3rd place: path be using the low of the previous 2-3 candles
Initial stoploss: High or low of the signal candle or the Former candle (which ever is greater)
3rd position stoploss will probably be place to break-even when 2nd place is closed