StewartWarr, is that possible the method doesn’t work and a signal just a fake? Did you test it on history? How many true signals and fake – its ratio?
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Disliked{quote} Thanks for the answer! Maybe you can make more screenshots for clarifying all variants? The method is interesting and helpful. Want to figure everything out in it... Thank you againIgnored
Disliked{quote} As for me I always try to determine my profit and loss levels. It's about discipline. I try to make it p/l - 2/1. It's not exact, just something around that.Ignored
DislikedStewartWarr, is that possible the method doesnt work and a signal just a fake? Did you test it on history? How many true signals and fake its ratio?Ignored
DislikedStewartWarr, And did you check statistics? On what instruments does the method work the best (major, cross, futures so on)? Where are more right signals and where are less right signals? On what instruments it works frequently and for what instruments the method is useless? Just curious about some details.Ignored
DislikedAccording to your observation does the main trend got influence on larger timeframes such as D1, W1, M1 on signal accuracy? As example: if you have sell signal though a main trend is buy. Or such situation: a signal and a trend direction are the same is that another signal confirmation?Ignored
DislikedDo you use the method in your trade on some real account or it just a theory? And what about real profit ?Ignored
Disliked{quote} Interesting question. Thank you for that. I didn't do statistics about that and probably it was a mistake The whole picture is a strategy on a correction or a turn back of a short trend. If a signal direction is the same as a long term trend direction obviously it could improve the signal rightness. But all tendencies short and long term started sometimes and sometime will end. The thing is do not miss the moment.Ignored
Disliked{quote} Still it's too complicated for me, I mean too bulky method. Probably I'm too young trader for such methods). I trade in channels. That's how I predict a momentum. Almost all traders know the channel method so I wont describe it.Ignored