DislikedI am currently using Heiken Ashi to determine the best exit point and maximize gain. {image}Ignored
What we find is each day the markets have a different ATR value and therefore our take profit target needs to match the day percentages. This way we can trade most swings and hit our targets most times without getting caught in any draw down.
I just took another long on XRPUSDT where my take profit was 0.15% increase in equity - which is less than a third of the average swing.
This is more than enough for one reason, a pair like XRPUSDT offers +30 signals even on a bad day.
Doing the sums that's 30 x 0.15% or a potential 4 to 5% increase in equity every day if we like sitting at the computer for 1/2 day.
Yesterday I achieved an increase in equity of 4%, today it will be less as I'm busy trading other markets.
Looks like I am up only 1.6% at present but that's far more than anyone needs anyway.
Getting back to the strategy, we only enter if the delta flips regardless of MA's or stoch signals.
DELTA IS KING - we stay in till take profit has been hit or the WALL tells us to stay longer
Trading thin liquidity at the boundary of the charts
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