Hi guys.
Is it possible to grab 2 pips when super signals "initially" sounds by going "against" the signal and "with" the current microtrend on the 1m chart?
I find that it repaints so much, that it may be feasible to do the above - untill such time that it eventually signals the actual reversal.
Maybe only take the first signal that goes against the signal line color or equivalent trend indicator.
So for instance, in the above scenario, price approaches upper bollinger bands from below or middle, signal line is blue (up), super signals sounds for the first time signalling down - in this up microtrend cycle - and we grab 2 pips by buying instead of selling like super signal is telling us. ...Price continues up, super sig. sound again, but we ignore untill next cycle.
Many signals per day, but maybe timefiltered for more volatile periods, and 2 pip profit may come very fast with very small stoploss and almost nonexistent draw down.
Right now as I write this signal for up, going against red signal line sounded for e/u at 1.2567(18:21 1m bar on FXDD - high of 1.2568 and low of 1.2562) which would have easily netted 2 pips.
...another signal for down going against signal line blue color which would easily have netted another 2 pips, ...all in a matter of minutes as I write this!
2 pips here and there I realize is not everyone's style, but if this proves to be consistent, no one will complain I'm sure!
Please someone more competent than myself check this out, and maybe make a SUPER simple ea out of this. ...maybe using the repainting issue to our advantage??!!
Is it possible to grab 2 pips when super signals "initially" sounds by going "against" the signal and "with" the current microtrend on the 1m chart?
I find that it repaints so much, that it may be feasible to do the above - untill such time that it eventually signals the actual reversal.
Maybe only take the first signal that goes against the signal line color or equivalent trend indicator.
So for instance, in the above scenario, price approaches upper bollinger bands from below or middle, signal line is blue (up), super signals sounds for the first time signalling down - in this up microtrend cycle - and we grab 2 pips by buying instead of selling like super signal is telling us. ...Price continues up, super sig. sound again, but we ignore untill next cycle.
Many signals per day, but maybe timefiltered for more volatile periods, and 2 pip profit may come very fast with very small stoploss and almost nonexistent draw down.
Right now as I write this signal for up, going against red signal line sounded for e/u at 1.2567(18:21 1m bar on FXDD - high of 1.2568 and low of 1.2562) which would have easily netted 2 pips.
...another signal for down going against signal line blue color which would easily have netted another 2 pips, ...all in a matter of minutes as I write this!
2 pips here and there I realize is not everyone's style, but if this proves to be consistent, no one will complain I'm sure!
Please someone more competent than myself check this out, and maybe make a SUPER simple ea out of this. ...maybe using the repainting issue to our advantage??!!