The Three Line Setup:
The Three Line setup is using Two Moving Average and One Special custom Moving Average which I called SywaLine. SywaLine has Three Types of line: MainLine, SywaLine and SmoothLine.
In This setup I'll be using the SmoothLine.
The Setup Component is as follow:
- 50 SMA as BaseLine / The Dynamic TrendLine
- 20 EMA as the FastLine
- SmoothLine as the SlowLine
Trade Entry is based on the 20EMA and SmoothLine CrossOver. The 50SMA will be used for Trend Confirmation.
In the Ideal Scenario for a Bullish Trade, the sequence of these Linese should be 20EMA，SmoothLine, 50SMA (From Top to Bottom).
for Bearish Trade, the sequence of these Linese should be 50SMA，SmoothLine, 20EMA (From Top to Bottom).
Trading TimeFrames: 30M, 15M and 5M.