So choppy I stopped trading after 3 BE and 2 small losses.
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DislikedGood morning I'm testing your strategy, I think it's formidable, I think its main focus is: when you win you win a lot and when you lose you lose a little, this is excellent, in addition to being intuitive and visually direct. I have a doubt, I read the input parameters in one of the posts, I wanted to know if you use any filter to choose which input has the greatest chance of winning. Sorry for my English, it's not my first languageIgnored
Dislikedhello rockypoint, is it necessary to watch for swing highs that i marked in this chart? (rectangle)4634255 And if so, is it a valid breakout for a long position? (red line) 4634257Ignored
Dislikedhello rockypoint, is it necessary to watch for swing highs that i marked in this chart? (rectangle)4634255 And if so, is it a valid breakout for a long position? (red line) 4634257Ignored
Disliked{quote} I'd think rocky would have bought when the candle I highlighted in green closed, because the PSAR did not flip, nor did the Willimas%R close above 50 until that candle first reached its high (flipping PSAR) and then closed (confirming the Williams%R close above 50. {image}Ignored
Disliked{quote} hello vidvad, that the exact candle that im referring to, but im wondering if the swing high that i pointed out would make that green highlight candle valid since that green candle never closed above the highs of the previous candles the second picture in the original post shows the breakout with the red lineIgnored
Disliked{quote} so this is a valid breakout because of where i draw the red line?Ignored
Disliked{quote} I'd think rocky would have bought when the candle I highlighted in green closed, because the PSAR did not flip, nor did the Willimas%R close above 50 until that candle first reached its high (flipping PSAR) and then closed (confirming the Williams%R close above 50. {image}Ignored
Disliked{quote} This is not a strict breakout strategy. Entry requires both the %R close above 50 for a long and the PSAR flip from short to red. There is no way for me to know looking at your picture if the PSAR flipped at the level of the red line. However, even if it did, you would not KNOW for CERTAIN that the Willimas %R would be above 50 until the candle I highlighted green CLOSES. You would BUY when that candle CLOSES. This is NOT a breakout strategy, at least not as I read it.Ignored
Disliked{quote} yes i understand but the indicators are nothing without price action itself my friend. and i do understand the method of using these indicators as confirmation to price action but im wanting to learn price as if there were no indicatorsIgnored
DislikedWhat Vidvad told you was correct. If you want to learn PA then use a chart without indicators otherwise you are going to be influenced by the indicators.Ignored
Disliked{quote} {image}ok guys i understand what you both are saying but my question hasnt been answered. here is a new example that is aligned with your trading system just like the last example wasIgnored
Disliked{quote} as you can see the candle with arrow has closed past the last swing low and not the swing low on the major structure. is that a valid break of structure?Ignored