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Less Watch time Method (LWTM)

  • #161
  • Aug 3, 2021 1:32am Aug 3, 2021 1:32am
Quoting ShanA
{quote} HI , Slingshot I would love to share this indicator with you !! But, unfortunately the developer has locked the indicator to my account number Hence, it won't work on your account. Really sorry to inform you that ..
how much does it cost and can you direct me to the developer?Thanks
  • #162
  • Aug 3, 2021 5:33am Aug 3, 2021 5:33am
Pair: GBPUSD
Entry: Sell
NY 1H: Bearish

Open Date: 30 July 2021 (Friday)
Close Date: 02 August 2021 (Monday)

Result: 50 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 42 KB
  • #163
  • Aug 3, 2021 7:04am Aug 3, 2021 7:04am
Pair: EURGBP
Entry: Sell
NY 1H: Bearish

Open Date: 02 August 2021 (Monday)
Close Date: 03 August 2021 (Tuesday)

Result: 13 Pips
Not bad for a good start.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 44 KB
  • #164
  • Aug 3, 2021 8:01am Aug 3, 2021 8:01am
waiting for confirmation.
  • #165
  • Aug 3, 2021 8:35am Aug 3, 2021 8:35am
Sold GU. Confirmed from M30 candle.
  • #166
  • Aug 4, 2021 7:01am Aug 4, 2021 7:01am
waiting for confirmation from next candle to close the trade or give it another day.
  • #167
  • Aug 4, 2021 8:28am Aug 4, 2021 8:28am
Quoting Wiiikkks
Okay here we add something to this system to reduce the drawdown. This system works perfect in trending market but in consolidation phase it sucks sometime. Here is the solution that I'm going to test from now on.... Consider the range of 1H NY open candle, it must be less than the 4 times of the range of last day ( last day range means starting from opening of last day NY session to the start of todays NY session) E.g, last day (thursday) range is almost 68 pips and if we divide it by 4 (68÷4) we get 17. So last friday NY open 1H candle range must...
Is this rule still valid ?
  • #168
  • Aug 4, 2021 8:38am Aug 4, 2021 8:38am
Accepted the loss of yesterday trade. Looking to buy at best price.
  • #169
  • Aug 4, 2021 8:38am Aug 4, 2021 8:38am
Quoting Matteorossi
{quote} Is this rule still valid ?
Not considering it now.
  • #170
  • Aug 5, 2021 12:33am Aug 5, 2021 12:33am
Pair: GBPUSD
Entry: Sell
NY 1H: Bearish confirmed by next M30 candle

Open Date: 03 August 2021 (Tuesday)
Close Date: 04 August 2021 (Wednesday)

Result: 29 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 53 KB
  • #171
  • Last Post: Aug 5, 2021 8:04am Aug 5, 2021 8:04am
Closed the last day trade.
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