nice thread here I am posting mainly to add an auto subscription.
I do something very similar, however i use timeless charts via a renko script. If your unfamiliar with renko there are many threads that cover the subject here already. Here is a screenshot with a live trade that is still active. On my left moniter i have a 30pip renko setup and on the right a 10 pip setup also i watch the 1min charts that are driving the 10 pip charts. The 30pip is my trend and 10 pip is my entry.....the 1min also helps on entry exit.....i shoot for 20 pips or so then pull off 1/2 and set stop to break even and let the rest ride with a 50 pip trail. Its not very often but once a month or so one of my 1/2 sized runners takes off for 300-500 pips. im linking to my picture as it is 4096x2304 and much to large to post in forum
http://screencast.com/t/yp6cPwXF
I do something very similar, however i use timeless charts via a renko script. If your unfamiliar with renko there are many threads that cover the subject here already. Here is a screenshot with a live trade that is still active. On my left moniter i have a 30pip renko setup and on the right a 10 pip setup also i watch the 1min charts that are driving the 10 pip charts. The 30pip is my trend and 10 pip is my entry.....the 1min also helps on entry exit.....i shoot for 20 pips or so then pull off 1/2 and set stop to break even and let the rest ride with a 50 pip trail. Its not very often but once a month or so one of my 1/2 sized runners takes off for 300-500 pips. im linking to my picture as it is 4096x2304 and much to large to post in forum
http://screencast.com/t/yp6cPwXF