SRS Setup
SRS Setup Review Hello Traders ! Today we are revisiting the SRS, explaining its rules and different Trade Setups that we can trade with it. Classic Use with the Trend Classic Use against the Trend Alternate use on SRSx Setup Lets start for the Begining : Trend Definition On SRS we use an exponential envelope (DarkGolden lines) and an exponential moving average (Blue Line) to define the trend. The Blue Line has a slower ( higher ) period than the Envelope, usually a number in the order of 50, 100 or 200. The Envelope uses a faster ( lower ) period to follow the price. Its size is fixed, and it should be big enough to keep the Blue Line inside while the Market is in sideways mode or changing the trend. We can control the size of the sideways zone by changing the size of the envelope. The trend has 3 possible states : Trending Down ( Envelope is all below the Blue Line ) Trending Up ( Envelope is all above the Blue Line ) No Trend = Sideways ( Blue Line is inside...