Following your written confirmation rules + considering other factors like OCTAVEMATH, this can be pretty solid then.Sappyjay wrote: Fri May 22, 2020 11:18 pm So the way I see it for normal entry is:
Confirmation 1 Extreme Spike with colour (green for buy red for short)
Confirmation 2 HMA Arrow
Confirmation 3 Colour of candle once closed
Once those three things have lined up you may enter, for continuation trade drop down to 5M TF and look for HMA arrow for entry as well as daily open for either shorts or longs.
Anyone have a better system for this chart trading indices or forex?
Here is a counter-example which I watch this live right now: As far I could seen the confirmation where there but new printing. It can go of course now lower or maybe going up further.
I did some heavy backtesting in the last couple of days
Well after a while I think you might notice something where people here call it as an "edge".