{quote} M1 trading essentially comes down to exploiting a price weakness, which then reverses and generates gains on the pullback. Here is a small tip that transformed my trading: it is actually very easy to know if the slope of a SMA 100 will hold or change rapidly. You simply need to look back 100 periods—what I call the Price -100. When the current price is above the Price - 100, the slope is bullish. If the current price is significantly above the Price - 100, the slope isn't going to change anytime soon; it is very solid. If the price suddenly...
Referring to Tyross's post, an AI has created an indicator for me for Mt4, optionally also with a horizontal line:
and thx Tyross!
trading is like dancing, don't think and just listen to the music!
