i am new to trading and have been learning technical analysis since past few months and in the picture you can see my Strategy, which is:
- combination of three super trend.
my Strategy is to sell when :
- super trend create red arrow and adx above 25 with MACD red line above the black line.
and to buy vice versa.
now the problems i am facing are :
- i enter when the signals confirm and i don’t know when to exit.
- before taking the trade i confirm with both 5 min and 15 min candle stick,but while waiting for 15 min candle sticks,a 10-15 points have happened and i miss these points.
- most of the time there is more slippage,for example if the signal to sell is confirmed and i enter the trade at 3570 but it goes till 3600 and then comes below 3570. how can i avoid this huge slippage.
i do intraday on crude oil mini.!
i would be really happy if you guys help me.