{quote} What risk setting are you using ASC? I just starting using it and right now have it on 0.
I have done many many tests with ASC. Few weeks I got good results in ASC + pivot server. But with high time frames are reliable like weekly chart(but enter with 15M). Im getting signals to EAX like this,
pin 1 : ASC Weekly risk=0 , signal delay = 1 (if you use signal delay as 0 then you will see this week signal, not for next week)
pin 2 : ASC Weekly risk=1 , signal delay = 1
pin 3 : ASC Weekly risk=2 , signal delay = 1
pin 4 : ASC Weekly risk=3 , signal delay = 1
pin 5 : ASC Weekly risk=4 , signal delay = 1
then as an exmaple:
pin 6 : Pivot 15M mode=0
pin 7 : Pivot 1H mode=0
now make combinations like;
magic 1 :- pin 1 + pin 6
magic 2 :- pin 2 + 6
magic 3 :- pin 3 + 7
these are just examples I just wanted to explain my approach.
Also you can see and predict your next week by seeing at weekend. put signal delay to 0 in all of above and see what are the pairs you can trade next week.
Another thing I have experienced which is if you use something like this you have to be careful about monday and tuesday market correction. mostly if you take positions based or last week at tomorrow (monday) then you will take very nigh DD and you have to wait. see the attached AU chart and price are at above the R100. there is a signal for AU for next week when I put signal delay to 0. from monday week start I will put 1 to delay and will start trading. AU will come back to somewhere pp (david pp) and have to wait till that to start above mentioned EAX combinations. there are pairs I have marked for next week like this.
Most probably I may not have patient till It come to pp or S38. So Im planing to trigger opposite opposite to join for the market correction temporally. This is what people do who follow david pivots. for this I will use btb pivot 15M with mode=2. or ASC 15m risk=16.
I wrote this to share my experience to stay away from time waste without simple saying risk should 0 or 1
"Don't Predict, Do react"
and Im not an expert
