DislikedHey 20! like this also and have used it a little.I notice your demand zones are quite wide,should it no be drawn from the top of the red body before it leaves zone?seems like a pretty big stop or maybe you just like to draw them that way also How do you determine trend yourself?I get a little tripped up with this sometimesIgnored
Thats cuz I didnt know exactly where to enter, I received some advise form another trader and will now only enter when price is overbought on uptrend and oversold on downtrend. But when tradeing countertrend, I find Rockys strategy very very good. On the chart I just posted above for chewz you will see that had I enterd when price was overbought, It would have been well inside the zone almost in the middle, so my stop would have been much smaller,
But still testing this and with very good win rates. I dont want to post too many charts here as it might confuse other traders focused on rockys way, so might start another thread.