DislikedThe question I like to ask myself on trades that aren't no-brainers: "is the underlying concept/reason of the trade still evident?"
In the attached chart, I would say yes on both highlighted red areas.
In the first, U/C is exactly flat where E/U is dramatically down; this is still divergence in my book (but what do I know ). Had the slope of the first U/C line even been slightly negative, I would have counted it out.
In the second highlighted area, sure, the swing high of the second E/U peak is technically one bar off, but look at...Ignored
I tried to make this a totally mechanical system, so there is no doubt and no fudging on the entrances.
It will make money trading it that way- which is very rare.
Systems with discretionary components aren't systems.