DislikedGlade this is just a trading discussion area. Can more indis = more pips?
Just playing around with MTF indicators, I added multiple MTF signal bars to this chart which include, Stoch, CCI, and RSI, etc. to see what would happen.
Looks like some very high probability trade set ups when all the squares are either red or blue.
Will do more live forward testing next week.
Most MTF indis don't back test very well, but will probably try anyway this weekend.Ignored
Hope your trading is going well or at least improving.
Those by far are some of the most 'complex' charts I have seen.
How are you to avoid implementation errors when you decide that something 'works'?
Back testing can be, in my opinion, curve fitting and can be a way of automating something that really doesn't work.
There's a saying that had been tossed around.
'Back test 7 years, blow up in 7 days.'
Not trying to be critical here just offering up an opinion.
What you'll also notice after awhile is most new traders always focus on an entry strategy.
When in reality all the money you'll ever earn will be in exiting a trade.
You seem clever enough and have everything you need to be profitable.
Best,