Tips for Picking the Right Entry Signal for Your Strategy

Selecting the best entry signal depends on your trading style and market conditions.

Guidelines:

• Trend-Following Strategies: Use signals like Supertrend Change or Ichimoku Kumo Breakout.
• Range-Bound Strategies: Consider Bollinger Bands Touched or RSI Strength/Weakness.
• Momentum Strategies: Opt for MACD Histogram Flip or Breakouts of Previous Highs/Lows.

Example:

• For trending markets, pair Supertrend Change with a higher timeframe filter.
• For ranging markets, combine Bollinger Bands Touched with ADX to confirm low trend strength.

Tips:

• Avoid overloading your strategy with too many filters.
• Use economic filters only on lower timeframe strategies.