Hey RiskFighter,
no worries, I am happy to answer.
Personally I think that systems using static values for operations like setting targets, entries or exits wont be profitable in the long run. You definetely have to adapt considering differences in volatility in some way.
I am not using pure technical grids ignoring basic price action. So a comparison with your mentioned zone recovery approach might be misleading. But implementing an instrument that takes volatility into account is a step into the right direction generally speaking.
Evaluating config values depends on too much variables to make recommendations here. You have to do some number crunching on your own until it fits your personal risk appetite. Just avoid looking for the jack of all trades setup, it does not exist since you always can get on the the wrong side.
Try to get to something that gives you peace of mind when operating and always do extensive backtesting using variable spreads and slippage simulation. The money you spend here is way less than the amount you might lose due to crappy testing.
no worries, I am happy to answer.
Personally I think that systems using static values for operations like setting targets, entries or exits wont be profitable in the long run. You definetely have to adapt considering differences in volatility in some way.
I am not using pure technical grids ignoring basic price action. So a comparison with your mentioned zone recovery approach might be misleading. But implementing an instrument that takes volatility into account is a step into the right direction generally speaking.
Evaluating config values depends on too much variables to make recommendations here. You have to do some number crunching on your own until it fits your personal risk appetite. Just avoid looking for the jack of all trades setup, it does not exist since you always can get on the the wrong side.
Try to get to something that gives you peace of mind when operating and always do extensive backtesting using variable spreads and slippage simulation. The money you spend here is way less than the amount you might lose due to crappy testing.