Disliked{quote} Hello and welcome! I'm unsure about the "holy grail" reference (lol) but if this is used correctly there's certainly nothing preventing you from making a decent return. Like anything in this game, we can't afford to be always "in the market", taking every signal that comes along. Waiting patiently for a strong signal does pay off big time, so please use this responsibly as just one part of an overall strategy, where trade management and psychology form the bulk of your system. My own strategy is slowly being written and should be ready within...Ignored
Hi Kirk,
I don't use the correl 8 as a stand-alone indicator. I rely on candlestick patterns, the 9 ema, PSAR and Ferru FX's currency strength meter to pick my trades. The correl 8 and QQE are superb complements and give me great confidence in pulling the trigger. I trade the 15M time-frame and set my profit target at 10 pips only.
I thank you for your magnanimity in sharing your knowledge.
God bless you.