and with TVI confirmation, I will sell break of lower channel. A new low in a down trend, after a brief rally. How low can you go??
Vincit qui se vincit.
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DislikedIf you have a profit, consider closing half your trade (yes, mt4 will allow you to do this) and letting the other half continue.
Just don't let the live half eat your profit if PA continues moving against you...
Here's an example - short at the arrow, PA begins to move up at the check sign, close half the trade for some positive pips, let the other half go, voila - it works...Ignored
DislikedDo you wait for a full candle to both open and close the opposite side of the ALF, or do you just want a candle of the right (TVI) color to close on the other side of the ALF?
InvisibleIgnored
Dislikedbut look at lous pic in post 923 it have some different colors from what i have see the white candle i dont have that ?
best regardsIgnored
DislikedHi,
Just wanted to say thanks for a great strategy.
Ive only been trading for a couple of days with it but with great success on the 5min chart, i found adding a Macd with divergence indicator really helps identify changes in trend, ive added the indicator to this post if anybody else would like to use it.
MarkIgnored