Hello
I use a hammer or shooting star on scale between 3 to 12 minutes to enter in a reverse trend trade. Lots of these signals fail and I'm looking for a simple filter.
My idea is a hammer or a shooting star may be the result of the end an existing trend. If so, the trend should reverse. Is true, but not for the majority.
Maybe, if i could found a filter, i could reduce the number of false entry.
MT
I use a hammer or shooting star on scale between 3 to 12 minutes to enter in a reverse trend trade. Lots of these signals fail and I'm looking for a simple filter.
My idea is a hammer or a shooting star may be the result of the end an existing trend. If so, the trend should reverse. Is true, but not for the majority.
Maybe, if i could found a filter, i could reduce the number of false entry.
MT