Trend lines replication or preservation on various asset / TF 0 replies
HYBRID: trading system within a trading system 30 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
Disliked{quote} Okay but the entry could be much more refined if you look at avarage volatility over last 20 or 30 candles. Those two major highs that you connected on trendline are ok, but there was much more substential data in past 30 candles connecting more relative trendline in terms of as closest historical data as possible. This is why always have in mind using multiple TFs. Its all about matrixing structures within the structures, the more you can downscale, the sooner you can be in entry, and thats all it is about the markets, those who are in...Ignored
Disliked{quote} Ahhhh ! ok thanks So Draw TRENDLINES on M5, then switch to M1 , for entry ? And DONT ENTRY if the candle breakout is too big ? right ?Ignored
Disliked{quote} Yes breakout should always be as close as possible to your trendline. Always observe the price action what is telling you. You dont need to be rocket scientist to do that, just put it in simple terms, if avarage movement per candle in structure was X and you get on breakout confirmation candle that was 2 or 3 X that is good sign to get the flow of market in that direction. Initiations need volatility increase, but then again there is no such thing as initiation since everything that happens in universe is relative to itself or its previous...Ignored
Dislikedjanpec1000 thanks for your nice words. Could you create video, how do you trade on Live account this strategy Daily trading ? Please.. would be much easier to see it ; )Ignored
DislikedThanks for bringing the system and your thoughts around it to us. I was wondering some things in regards to how you trade this system and what to focus on: 1. how much of your profit (in %) comes from trading this system with currencies vs stocks (you trade commodities, too?) 2. how much of your profit (in %) comes from trading this system counter trend, with trend vs no trend? 3. how much of your profit (in %) comes from trading this system 1:1 trades vs 1:X trades (RR ratio where X>3)? I am asking these questions because from reading your posts...Ignored
DislikedI have a question, would you enter the trade when the candle closed below the trend line and take your loss or you would not enter at all? {image}Ignored