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BladeRunner Trading Method:Enter the 1 hour charts and the entry: The 4 hour chart is now trending well at +2. The 1 hour chart pulls back some and on the close of the 1 hour bar the MACD histogram has turned red. Enter long on the next 1 hour close that turns the MACD histogram back to green as long as the close is above the 8EMA on the 1 hour. Place a 10 pip stop loss at the low of the bar you entered on. Progressively move the stop loss up on all positions to the new stop loss. In other words, all long positions will be closed out at the same price. The highlighted area of the 1 hour chart below shows every long entry (vertical line) that would have been entered before being stopped out after entry #10. The short black horizontal bars show where your stop loss would have been moved up after each entry. The small black rectangle are the four 1 hour bars that make up the one 4 hour bar when the 8/21 separated.
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