exactly......
When I did my testing, I did not make the assumption that the relationship between D1 and H1 was the same between say D1 (what I use to enter) and M1 (the monthly open). additionally, the same daily patterns of liquidity have less of an impact on longer term trends.
The only thing to grasp is finding a way to determine how long to let your winners run and how to cut them short when you are losing. I am sure that throwing on the additional filters may help with your results, but once I have a positive EV method, I am more concerned with my sizing algo....
When I did my testing, I did not make the assumption that the relationship between D1 and H1 was the same between say D1 (what I use to enter) and M1 (the monthly open). additionally, the same daily patterns of liquidity have less of an impact on longer term trends.
The only thing to grasp is finding a way to determine how long to let your winners run and how to cut them short when you are losing. I am sure that throwing on the additional filters may help with your results, but once I have a positive EV method, I am more concerned with my sizing algo....
DislikedWell let me help, if I may...
I asked razorboy about a line bias to go long/short on D1, cause PC's original rules (and I've been here since the beginning) states the we must go LONG on the break of an 1H IB if price is ABOVE Daily Open LINE (thats the line bias, and vice versa for short).
He also stated that we could use IBs on 4H or D1, using as a line bias Weekly Open or maybe Monthly Open, the same way (above, go long, below, go short).... that's the reason for my question...
If I'm not wrong, razorboy is using a MA as a long/short bias.......Ignored