Hello, Anybody using MAMA-FAMA as published in Ehlers book "rocket science for traders".(http://www.mesasoftware.com/pub) I am testing a system using MAMA-FAMA on 1-Min ES data and the entries look good but I am yet to define an exit/stop strategy. I am thinking of using an ATR based stops/profit targets as defined in "Professional Stock trading" book. any ideas, any thoughts?? thanks
oh yeah.. rocket science for traders. i've been meaning to buy that for ages -- thanks for the reminder! MAMA-FAMA.. lol. gotta love that name! now i've gotta go buy it...