im trying you Lorente Magic system and as a big master I would like to receive an advice.
I use it in scalping mode, and after some time i have seen that 1M is the best time frame in this system (please correctme if im wrong)
also as you said i noted that the big white dot repaints, but also i have noticed that when it appears and after that came a cross of the lines, it is a strong signal.
now the big question, if i like to trade 1M witch time frames should i consider?
5M,15m,1H,4H,1D all of them in same direction?? and TMA SLOPE??
I use it in scalping mode, and after some time i have seen that 1M is the best time frame in this system (please correctme if im wrong)
also as you said i noted that the big white dot repaints, but also i have noticed that when it appears and after that came a cross of the lines, it is a strong signal.
now the big question, if i like to trade 1M witch time frames should i consider?
5M,15m,1H,4H,1D all of them in same direction?? and TMA SLOPE??