Disliked{quote} Analyzing your chart as usual I have a question again. Comparing the two situations on 3/31 and 4/1 NY session. These two look similar with small deviations, regarding the 2-3 blue APBs before the red and a little smaller slope on TDI PL to the downside. You took the first (profitable) trade, but not the second. => Simple question - why not? (I think I had taken this when price went 1,5 pips below the prev. red candle) fxfox {image}Ignored
Try putting the entries side-by-side for study purposes. The 3/31/1700 Sell had a number of reinforcing technical positives: PA closed below uptrend line, PA closed below PAC, TDI (green) closed below MBL (this generates the Sell arrow on my chart (programmable)) which is normally dependable; the slope of the TDI line is -60 degrees (5 o'clock) and the move resumes the previous down trend.
The 4/1/1900 entry shows PA still inside the PAC; PA did not close below up-trend line, TDI is still above MBL (because of this there is no Sell arrow on the HA chart) and the slope of the TDI line is -30 degrees (4 o'clock).
Sixteen hours later, 4/2/1100, the entry is very nice and runs for +45 pips MFE.
Attached Image
You may want to experiment using the "Trendline by Angle" tool in MetaTrader to measure the slope of the TDI line. When back testing, I would recommend doing this with your chart in real time (entry signal on the far right side of the chart so you won't be swayed by what your eye/brain knows is coming). The picture below shows the tool as you put it on a chart, just slew it to the current TDI line and it will measure the slope (in degrees) from horizontal.
The trend line placed on the TDI is sloping exactly to 5 o'clock (60 degrees from horizontal). You can compare the slope of TDI in box 1 with that of box 2 and recognize the earlier TDI signal is much more valid with respect to TDI pointing to recommended clock positions.
If you wish, you can clone a previously placed Trendline by Angle tool by double clicking it, holding down the Ctrl key, left click and hold on the center block of the trendline, and dragging it to your new position. Or you can just drag the one you have. I normally have a 5 o'clock one and a 1 o'clock one on my TDI Indicator to be used if I feel the need. However, your eye will soon develop the ability to make this judgment without this angle indicator.