{quote} RH asked me that if I usually trade the 4H frame, should I watch the W1 frame, or just D1 is enough. With 1 problem I often have is that the price runs for a while but doesn't close, so it returns to BE. Can you share the current exit method? sorry for my english. Thank you very much
4hr --->Daily
Daily --->Weekly
Weekly ---> Monthly
As far as trades returning to BE...BE's are not a bad thing, in fact, they are quite the opposite. Their only purpose is to save you from having a losing trade, so why be upset when they do their job? Just accept that it happens with some trades and move on to the next trade.
One thing that's REALLY important in trading is something George Soros (who is a billionaire from trading) said:
"It's not whether you're right or wrong that's important, but how much money you make when you're right
and how much money you lose when you're wrong"
There is no one best exit method for every trade in my opinion.
I sometimes use 1 bar back if it's a long bar, or 2 bars back, or a Profit Target, or a trailing stop, and sometimes I exit because it hits a S/R Zone. And sometimes I use a reversal of 1 or more of our indicators. And sometimes I exit because of upcoming news that can move markets a lot such as the Fed chairman speaking.
Aside from all of that, one simple type of exit that I really like using is based on the TMMS Oscillator.
For Long trades, the vertical bars should be green. When they turn white or red, I exit.
For Short trades, the vertical bars should be red. When they turn white or green, I exit.
Here's the version I use:
Always a Student, Never a Master - Emulate What Works
and a BIG thanks to Robinhood 
