Ok, so in my head I'm thinking load the probabilities.
What can that be? Especially on a 5min TF.
I'm unsure if anyone has seen Laura's thread on Roadmap?
So if we add that Comp RSI to our chart and we only buying or selling in the gap ( between the 60 and 40 levels ) we have a sideways market and I think that's great , throw some divergence in there and we can make bank and even with out it
That's 1 trade setup
Then everything else is above or below those levels , so if we are above or below then its only longs or shorts
That should filter a lot but its very difficult to manage 20 pairs on a 5min TF so the solution is the Roadmap dashboard,1 look at that and you have your weak and strong pairs and open those and lets wait for a trade in the direction of the RSI strength.
Its logical, will it work , unsure, does it give a better probability? I think so.
Lets see what tomorrow brings
What can that be? Especially on a 5min TF.
I'm unsure if anyone has seen Laura's thread on Roadmap?
So if we add that Comp RSI to our chart and we only buying or selling in the gap ( between the 60 and 40 levels ) we have a sideways market and I think that's great , throw some divergence in there and we can make bank and even with out it
That's 1 trade setup
Then everything else is above or below those levels , so if we are above or below then its only longs or shorts
That should filter a lot but its very difficult to manage 20 pairs on a 5min TF so the solution is the Roadmap dashboard,1 look at that and you have your weak and strong pairs and open those and lets wait for a trade in the direction of the RSI strength.
Its logical, will it work , unsure, does it give a better probability? I think so.
Lets see what tomorrow brings
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