Steinitz,
I have just re-read your beginning posts and have come up with this summary (long example):
Original - to ride new trend
Stay at prefered TF (such as 5M or 1H), look for 2 blue square (1st TF & 2nd TF in 4 TF indicator) to take long
Midway - to ride existing trend
Stay at prefered TF (such as 5M or 1H), look for price close line to touch HAS bar while 1st TF & 2nd TF are still blue square, then take long
Scalping - to ride long term trend
Stay at higher TF (such as 1W or 1D or even 1MN), look for blue square, then switch to lower TF to find red square, switch again to lower TF until you find it (red square), let's say you have come to 15M TF, wait until 1st TF show blue square to take long
When I say square, it is related to 4 TF HAS Bar indicator.
Additional rules :
1. Look for more higher TF to confirm the direction of trend which is the direction of trade as well.
2. The more red squares involved in the past the more it confirmed that new blue square will be many
Exit :
1. An entry signal with different direction
2. Original : 1st TF show red (long example)
2. Additional indicators
Stop :
1. No Stop Loss
2. Money Management should be used to stand the drawdown, cause this method is an edge
I am waiting for more combinations if any.
Many thanks again for your persistance in helping us to understand your method, not many person like you who has the ability in sharing.
I have just re-read your beginning posts and have come up with this summary (long example):
Original - to ride new trend
Stay at prefered TF (such as 5M or 1H), look for 2 blue square (1st TF & 2nd TF in 4 TF indicator) to take long
Midway - to ride existing trend
Stay at prefered TF (such as 5M or 1H), look for price close line to touch HAS bar while 1st TF & 2nd TF are still blue square, then take long
Scalping - to ride long term trend
Stay at higher TF (such as 1W or 1D or even 1MN), look for blue square, then switch to lower TF to find red square, switch again to lower TF until you find it (red square), let's say you have come to 15M TF, wait until 1st TF show blue square to take long
When I say square, it is related to 4 TF HAS Bar indicator.
Additional rules :
1. Look for more higher TF to confirm the direction of trend which is the direction of trade as well.
2. The more red squares involved in the past the more it confirmed that new blue square will be many
Exit :
1. An entry signal with different direction
2. Original : 1st TF show red (long example)
2. Additional indicators
Stop :
1. No Stop Loss
2. Money Management should be used to stand the drawdown, cause this method is an edge
I am waiting for more combinations if any.
Many thanks again for your persistance in helping us to understand your method, not many person like you who has the ability in sharing.