- Buy only when the 20 SMA is sloping upwards
- Sell only when the 20 SMA is sloping downwards
The above can help to eliminate more losing trades. It is because if the sloping is the opposite of the above, it can mean a reversal of the 20 SMA trend.
I am also considering ditching the use of Stochastic, as many of the winning trades are lost due to being unable to fulfill the Stochastic levels of 75 and 25.
Maybe I will just enter the trade every time after a slight dip or rise against the strong trend (20 SMA crosses 50 SMA). More studies of past data will be done.
Good night people!
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