At first big thanks to Vegas for sharing his methods.
Concerning the 4hr method, in the 4hVegasMetaTrader4hChart plug-in, when the 8 SMA starts changing slope, you get an entry signal. My question is how long should I wait because the signal may disappear again (In manual the 8 SMA wouldn’t move), and I also calculated that if I’d wait for the candle to close, it would be a waste of a good trade (Example: the last buy signal for the GBP/USD during the release of last US Unemployment Rate).
So what shall I do? I really appreciate your help all.
Concerning the 4hr method, in the 4hVegasMetaTrader4hChart plug-in, when the 8 SMA starts changing slope, you get an entry signal. My question is how long should I wait because the signal may disappear again (In manual the 8 SMA wouldn’t move), and I also calculated that if I’d wait for the candle to close, it would be a waste of a good trade (Example: the last buy signal for the GBP/USD during the release of last US Unemployment Rate).
So what shall I do? I really appreciate your help all.