My exit for the most part will be based on the MurrayMathLines and the Plot Cycles Support and resistant areas.
I will use EOTID and TA with Gvalu as my mainstay discretionary indicator to assist in exiting the trade. As I go forward and share my trades I believe an understanding will develop to exactly how I interpret this valued tool.
I will have 1 Rule based on my backtesting results and will re evaluate this during my forward simulation testing. For testing purposes I will execute on this rule without added discretion.
RULE:
If I am entered into a trade when EOTTA is high in the direction of the trend (Hi-Jack in Trend), I will exit the trade immediately. For statistics I used a 2tick loss on all trades:
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