DislikedI had a quick look with recomended settings and if I took all the pin bars as indicated there would be 40% success rate with the risk/reward 1/1. Doesn't look promising.
Maybe I didn't use the right settings?Ignored
Well iam not trading this system but iam also trading M15 with RSI Divergence, countertrend, EU only , and the day you posted was one of the worst , it was a loosing day for me too. Dont worry those days happen from time to time. But i can assure you that after a while youre able to trade divergence profitable . Divergence of oscillators is at least the best attempt i found over the years ..
But as always you need screentime,screentime,screentime,screentime , youll get a feeling of good setups after while ...
Oh and by the way you posted a trade or two on low voltality times , i would skip trading EU when NY and London are closed , sometimes youll miss good setups specialy if youre a trend trader(which iam not) but it isnt worth the risk for me .
Iam trading from 8:00 to max 19:00(or is stop after two winners _(where BE trades are considered winners too) GMT+1 Those times are quite good on volume most days, and you simply need a target , iam not only talking about a tp , but you also need to know when to start and when to end , thats very important at least for me
Oh and always look for double and triple tops , in 90% of the cases theyll show divergence too and those are my best trades most of the time .