DislikedSo this means that you could make everyday about 100 pips on 5 m timeframe with the use of simpfony system ?
Eval said previosly that we should enter the trade on 5 min tf if on the 15min tf the price is above the trendline, so it is a must rule now ?
For better use of system we should define market conditions to use of other timeframe for better results, because we have problems when to exit on 5 min Tf cuz a lot of extreme spikes signals are occuring...
Maybe If we see an extreme spike on 1h chart we could enter on 15m tf, this will give...Ignored
But the problem is, that you never know if the extreme spike is the real one. you know that if a new high/low occure the extreme spike will be calculated and the old one disappears.
i have to look into code at which point the spike holds forever.
you are also right that if you trade in a specific TF that it is better to look into a higher TF for confirmation. but it is not a must. this system is in its glance a countertrend system, too.
Mediator