Disliked{quote} You follow your entry rules. When you establish there is significant momentum in one direction you could go through your entry rules: 1) Do I have zero active trades? 2) Am I inside the session (London/NY) that I trade? 3) Is the upward/downward momentum above/below my reference point? 4) Is there still room to go before we hit the average range for this session? 5) Is the calendar free of major news in the near future? If you answer "yes" to all questions, then you open a new trade. You've done your research...you know there is an edge...Ignored
Hi ZZ,
I believe you have something similar to CP's influx indicator developed. I don't trade tick charts so I have not bothered looking into the hype around this money flow influx method that CP uses. Curious if you are willing to share
1) any success stories with this influx method?
2) what is the underlying logic you used?
3) are you open to sharing code snippets to point my research in any direction.
I personally don't believe it is possible to build such a tick based indicator in MT4 due to limited tick charting capabilities within MT4. Appreciate a y feedback related to your experience with this indicator. I do t think any mt4 broker would support a 6 pip a day scalp trades in the long run.
Staying in my lane...