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Re: *WIP* FerruFX's Multi-Info Evo

econome, Sun Dec 02, 2018 12:09 am

It's a huge honor MrTools, thanks.
Here are M15 entries most of from last week, in line with the analysis and developments.
Some general rules:

= Seeking full alignment as explained in the earlier post with text labels.
= Don't trade outside of UK 7.45am (and preferably 8am) and around 4pm UK time. Watch out every day for big news and generally avoid being in a trade during.
= Check the colour, but also the most recent direction on the indicator oscillators, TEMA slope and EMA angle. The direction should be that of the trade, or take caution.
= The bottom three indicators can each take 4 values (up or down). Anything less than a 7/12 pointing in the right direction is a no no, and preferably 8 or more is preferred. It is preferred that at least 1 is fully aligned, or 3,23 absolute minimum.
= On the chart, a big red/green arrow is 100% essential at the close of the candle, or a few candles before in rarest of cases.
= Trade in the direction of the multi-info, in general, take it as a huge warning against you if you are trading against the multi-info
= Trade either at the close of a candle, OR wait for a retrace of 30-40% of that candle to lower your risk.
= Place stop either below entry candle, or maximum of 2 further lows prior, or 1 point+spread below the LSMA.
= Aim for 1-2.5 risk reward.
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