As you can see, quite a few opportunities to catch a trade on this Gold chart, when the market trends, that's when you make money.
DislikedAttempting to approximate Katana chart setup since found the price bars script has been disabled - that is, once you download it it doesn't open.
This is Renko which is a kind of price bar. Renko is set for 100 on the M1 chart. (to get 10-pip bars on brokers with 5 places after the decimal point.) The ema's are set for 20, 40 & 60, which might be too narrow.
Of course this (the trades) is exactly the kind of thing you want to avoid, and can always hope that Katana will be the answer rather than just acccept fact of hopelessness after about four...Ignored
DislikedWhat's important is that the moving averages are in the same direction and that price is not above any of them if you are wanting to short.Ignored
DislikedI still remember the days when these bars used to move this time of day...
Those days will come again... can't wait.. sheesh..
Think this will be it until after the new year....Ignored
DislikedDo you call this a jumbled mess as well?
This is how you can make money...Ignored