Disliked{quote} From a quick backtest looks like you lose more in terms of win/loss ratio hunting the adr with the 4hr bars except I am analyzing the H4 bars differently than you wouldIgnored
and it is very difficult to explain in txt.
we need a trigger off an important bar ( THE 00-00 4 HOUR BAR) and then we need the retrace, this then has massive odds of making the average daily range..
we don't want all the range (i don't) AND the adr is not always guaranteed.
we turn the odds/probabilities to our favour....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.