Hello Lesso, thanks for your system, I like your aproach, as I think M1 is not so different from H1 , D1 as for me, every chart has a fractal property (they all look very alike no matter how much you zoom in or out).
Using various indicators can help avoiding false moves from the market, I saw a documentary from BBC that talks about complexity and fractals, and at the end a very interesting experiment:
A man puts some jellybeans inside a jar, they are many, and asks more than a 100 people to approximate how many are ...
At the end he got extreme variable results, but averaging them he AMAZINGLY got almost the exact number of jellybeans that were inside the Jar...
I think they call it "Masses wisdom", or something like that.
The point is , I think by using some indicators this could be achieved too, because many traders use a variety of them...
See you around.
Using various indicators can help avoiding false moves from the market, I saw a documentary from BBC that talks about complexity and fractals, and at the end a very interesting experiment:
A man puts some jellybeans inside a jar, they are many, and asks more than a 100 people to approximate how many are ...
At the end he got extreme variable results, but averaging them he AMAZINGLY got almost the exact number of jellybeans that were inside the Jar...
I think they call it "Masses wisdom", or something like that.
The point is , I think by using some indicators this could be achieved too, because many traders use a variety of them...
See you around.