Darkdoji wrote: Wed May 03, 2023 5:35 am Ok I do not agree with you and I say to you that NOT everyone can post screen captures that include "some" winning trades because I do not believe you can post screen captures with any winning trades at all. Talk is easy - but in a forum of traders to stand tall you got to be a trader better than the one you seek to put down. I do not know if you are aware - but winning is not easy any which way you try to do it in trading. But if you have experience trading you would in fact give regard to an astute trader when you see one. I posted the snaps and I did so to show someone who has become a serial winner with the tool (to encourage others) - this is in fact not the first set of snaps of the pilot posted here. But what is my point? Show us. Show us for real - post your snaps with the tool better than the pilot's. We are desperate to learn from a perfect and adept trader such as you are. Now it is possible that you do not use the tool since you have a super profitable "system" of your own which by your claim you merely have come to compare with Orbit the Tool - to see how much better your "system" is - never been curious about that supposed "profitable" "system" but now I am and I say ignore the tool --------------------> Show us snaps of your "system," show us how and why you think the pilot has been unhelpful by showing your example of what you would respect as helpful posting snaps of your trading using your "system" - again just so we can learn from a great mind such as you obviously have.

The Crow (-_-)

Ps: I am responding to you as would a forum member

Because you decided to respond "as would a forum member", I debated about posting any information about a system that is not focused on Orbit the Tool. But considering you are also the thread starter, I'll allow that status to over-ride my concerns.

I could indeed post plenty of screen captures of winning trades (I have over 300 closed trades during one year alone that has exactly 2 losing trades in the group), but instead, here is a screen capture of an open sell that is nearing TP.

See how simple it is? Simple indicator lines that are proxies for price (Close). There is an attempt underway for an up bias on higher TFs to change to down bias. This manifests beginning on M1 and progresses through the TFs. Of course, it can be truncated at any time and all TFs return to an up bias from which the attempts to reverse to down bias begin once again.

The red dotted vertical is my sell entry time. As can be seen on M5, the 2 largest TFs, brown line and white line, are clearly going down. Shortly before the entry line, the two smallest TFs both made a rally (green line and yellow line) inside of the larger TF movement, then returned back down (red line and magenta line), resulting in ALL TFs smaller than the larger brown line going down. On M15, it is clear that the 2 highest TFs are firmly in an up bias while the two smaller TFs have joined in the down bias.

It should be obvious to any experienced trader that this is a classic trend following concept in which a retracement is used to find the entry spot. However, my system provides a more robust edge because ALL TFs from M1 through MN are examined and the TF found that is "controlling" direction determined, followed by waiting for the retracements on TFs below the control TF to begin.

No need for price bars to clutter the view at that stage: Price bars can be displayed just to aid in refining a bit the exact entry. However, trading is really more about trade MANAGEMENT than about the most accurate entry. EDIT
OK, so I'll add a bit more commentary that addresses the up move.

On M15 near the bottom left is a blue arrow where all four of the TFs then go up. Looking at the M5 chart, the plot begins some time after that point on M15. However, now that a clear up bias is established on those higher TFs, look at the M5 chart for the lines to make a pullback and then a return up. Starting from the left, first the smallest line (red/green) turns red (with a red down arrow), then the next larger TF (yellow/magenta) joins with a magenta down arrow. It is a simple matter of waiting for the magenta line to turn yellow with a yellow up arrow to place a buy. Similarly, further along in that move is another pullback with green changing to red with a red down arrow followed by red to green and a green up arrow for making another buy entry on the return up.

EDIT#2
Here is the result: a winning trade.
The first attempt to reach the TP missed by 1.8 pips. Price then made an upward excursion to create the M15/M30 rally, which produced floating drawdown of 14.9 pips, and on this M15/M30 return down, reached (and exceeded) the TP. (And of course, I COULD have added another sell on this return down, but I was busy with other matters when that setup occurred.)

Red dotted vertical is the entry time. Green dotted vertical is the exit time. The arrow symbols on those verticals are automatically generated when a trade is dragged onto a chart.

(From just the views of these 2 charts, I know at that exit point that M1 through H1 were all going down and H2 going up.)

Also, I said above, "There is an attempt underway for an up bias on higher TFs to change to down bias. This manifests beginning on M1 and progresses through the TFs." As can be seen on the M15 charts, the blue/white line was orginally going up (blue). But as the down bias "progresses through the TFs", it was next to join the down bias, and it is seen that it did in the second image where it is now the white line going down.