Dislikedlol, i've been doing similar stuff when aus was around, i never posted it though. it's 5sma retracements, they are wayyy cool on all timeframes even m1 looool. the only different thing recently is that i use the lower timeframe to confirma divergence or price close to 50ema to trigger a higher TF's 5sma retracement.
i noticed somthing, when an m30 or 1h or even a 4h candle's starting momentum is shart in the opposite direction (meaning a 5sma retracement), EVEN if price keeps on going (opposite direction of 5sma), u WILL most like get a bounce at some point at a good s/r level. and THAT's where i look at a lower TF's divergence possibilities. this is not a crossing system like malcomb's but it works
there were times were i actually cought every darn pin in a downmove/upmove, increases your profit to the maximum. secret is PARTIAL PROFIT!!Ignored
I recommend you read something else as this sentence is now concluded.