Hi, dgaubatz313! Thanks for sharing this strategy with us. It looks very well and detailed explained so it looks easily to reproduce it. I will test it! Unfortunately the attachment with the pictures are not accessible. Could you upload them again?
Hi, dgaubatz313 and welcome! Your strategy looks pretty well! It is very good idea to use the RSI crosses, with EMA and WPI filters. To be sure you should test it in a Metatrader platform by coding a small expert advisor and test on a 1 minute historical data for several months’ history. What time frame you use for your entries!
I understand that the strategy uses two indicators - RSI and EMA for entry signal and only one indicator Williams Percentage Range for filtering the signals. On the other hand is the strategy using MACD indicator as the only signal and again WPR for filtering. So there are two cases with two different types of main indicators. Do you test these two variants on a historical data? What are the results?
Follow 200 EMA on 15 min chart... and Also 5 min chart... Once there are 2 consecutive bullish candles formed above 15 min chart 200 EMA line, and above 50 day EMA line on 5 min chart, then buying would be suitable...