Disliked{quote} How about we turn this argument beneficial in our trading. Let's give our opinion in any topic regarding trading so we all see different point of view of different traders. Any topic you want to argue, debate, discuss with? Just like a couple of years ago when we debated about your volume indicator that you started arguing with Techanalyst. Then after a year, you openly admitted that it is not useful moving forward and agreed with us (Techanalyst). Any topic you want this time? I am not good but i can share my opinion. Maybe you learn quick...Ignored
Ditching indicators and simply using pending orders seems to be the best way to trade today's market, with proper money management, of course. I plan to experiment with two accounts, one for buying only and the other for selling only, using pending orders and a stop loss. I am considering using a trailing stop, but I must say I don't like the idea of potentially getting stopped out too early. Keep in mind that I trade higher time frames. I am not a scalper like you.
Perhaps a trailing stop that follows ATR might be better suited for my trading style. But this will likely require an EA.
Learn from your mistakes and march on.