DislikedYes, you are right, basically the 14stoch in 5min is the same think like the 5stoch in 15 min, but in the real using the 14stoch in 5 min gives a better idea that a trade is coming because it is changing with the 5min candles. If you see the “d” sell signal in the 5 min chart, the value of this 14 stoch in the two before candles is higher, and this is a good probability trade because it is going down; this is not possible to get in the 15 min chart. Also, not always the 5stoch in 15 min is so clear. By now, I think a combination of both stochs is better, but you know with more time and experience of using this strategy this idea could change.
The CCI8 and the normal CCI are the same think, only with the visual advantage of the blue and red bars of the CCI8. I believe if you compare the CCI of your actual broker chart and the metatrader normal CCI, both could be the same or very similar.
Best regards
DibanosIgnored
I understand. But practically, I'm just trading expat method. Therefore, maybe in the future, I would integrate Traffic light into my trading style. As
I still more time for better entry.
Banker please return my pipins.