A simple trading methodology that gets results
Do you believe that math is a language? I know I do. So much so that I believe technical analysis is a language, derived of course from mathematics, a derivative a sorts. When analyzing a chart it's through the understanding that technical analysis is the language of the market. A real time representation of what money is doing, not what people are saying.
Somehow, many traders have been convinced that you need to have a plethora of indicators to track price. The simplest set up I use consists of two exponential moving averages and a script I've written that provides safe long and short entries. Although nothing is perfect, let me show you what it does.
The entries long and short are typically very clear, however, staying out of the "chop" is advised. The objective is to make safe profitable trades long and short and to fully monetize the trade with limited risk. Although this is a weekly chart of DXY, this trading methodology and execution works on any time frame, any asset.
Look for early entry signals as shown or you wait for the confirmation bar. Either way, the signal is clear. For short entries, the same logic applies. As long as there's divergence as shown it's safe to stay in the trade.
This is one of the easiest setups I run and it's incredibly successful.