DislikedI like the mechanics of this strategy but I'm not doing that well with it & perhaps because I only trade the NY session.
Do you mostly trade the 1H/D or the 4H/W?
What SL would you suggest for both?
Thank you for your hard work here & for sticking with the thread. p.Ignored
If it's not working for you go right back to basics and read the start of the thread again and get the original system down. In a trending market the stoch cross near OB or OS and a HA change in the direction of the trend is a good reliable signal.
Also the intention of the newest version of the system is to trade the impulse move of a daily trend but by trading it as the trend that develops on the hourly chart. Look at any nice long run of heiken ashi candles on the daily and then go to the 1 hour chart to see what the move looked like. You will almost always see the price staying below the 100 sma and giving nice clear signals. Take the first few signals, get to break even and hold them until the 100 sma is breached or you have another very good techincal reason for closing the trade.
Focusing on one particular session is a bit short term, the intention is to trade hourly trends that last a few days to a week or more. There are plenty of god signals that occur during the NY session and if you need to you can always just put breakout trades below the previous swing high/low to get your entries when you're away from the pc. Just remember to use an ea like mauro trailing which will move your stop to breakeven for you after 20 pips.
Alternatively if you just want to trade NY session then consider trading 30 min, 15 min, 5 min or even 1 min charts. Whereever there is a trend there will be good trades.
Hope this helps.