This is a takeoff on what AR01 and TMFT were talking about in FatTails thread All those smart guys inspired me to do something a bit simpler than what I'm currently doing with the LLMA. I'm not giving up the LLMA by any means but exploring another approach. I thought I'd start another thread so I don't muck up the original one that FatTails started.
Anyway, I'm using a 5 minute chart on CL looking for a cross of the 2 MAs, then a retrace to the faster MA. Entry 1 tick above/below the previous candle. I'm only trading 1 contract now so am treating it as a target of 19 ticks.
SMA(8)
SMA(21)
also using a CCI(21) and Stoch(6,5,3) and Stoch(8,3,3) to identify chop. Will probably drop the CCI because the stoch seems to do a better job.