What do you think if i used 1 filter again for ENTRY, I used CCI (20 with Level 100 & -100.
Long: after Price open above EMA 21 By High (HAMA Upperline) & MACD Histogram (Cyan) allready crossed above 0, we look CCI must Close above Level 100 too, if not we assume the price is fake breakout, so we don't take Long position.
Short: after Price open bellow EMA 21 By Low (HAMA Lowerline) & MACD Histogram (Cyan) allready crossed bellow 0, we look CCI must close bellow Level -100 too, if not we assume the price is fake breakout, so we don't take those Short position.
If CCI in betwen 100 & -100, we assume No Trade ! We Assumed Market have no Momentum Power / Ranging.
Please let me know what do you thing for this one filter for Entry ?
Sincerly;
Manus168
