I used stochastic & macd on H1 chart. I don't have logic explaination for this, just based on my observation.
The entry is when stochastic retrace but macd still on previous trend (i wait for an H1 candle closed). In this stage i observed that price will ranging/sideways for a while before it's retrace or breakout.
Ranging can be happen in an hour, two hours or more before it reverse/continuing trend. Price mostly will touch/through starting point or ranging enough to get some grids executed and retraced to get the TP.
The first grid, grids interval, lots, and TP should be tight. The aim is to get the EA reach TP as much as one grid if possible.
The EA for this methode is started manually, avoid starting the EA before red news.
But honestly i stopped trying this methode bcs i experienced missing grids on v1.8 whetere its still limit order or already executed, and at that time i havent got answers from Radityo how this happened. And bcs this methode require looking the chart every hour Lol as my day job wont let me do it
Thanx