DislikedViper and Wael,
In addition to taking a scenario-based approach, I'm still investigating a Math_mitigation based on Strong Support/Resistance.
The interest of Strong Sup/Res as I see it is that you more or less predict these ones for ... let's say a last-2weeks or month Sup/Res. What I'm trying to put together is to consider these as BreakEven objective if we've been oscillating for some time.
Thus, instead of keeping the pattern of the grid, I would modify the grid to simply BE@Sup/Res. Yes one would loose time, and as well loose money by not...Ignored
how would you identify support and resistance automatically?
would you switch it off in time of news such as interest rates & NFP, Interest rates and so on? how about market spikes?
Please explain more i am very interested in the approach.
Thanks
W