I’ve decided to set aside the strategy based on V65m and return to V18m.
After spending several weeks analyzing charts, semaphores, and other elements on V65m, I noticed something interesting on V18m that I hadn’t paid attention to before:
The TRIANGLE on V12m
Take a look at the image above and let me know your thoughts.
Steps according to the image:
1. V12m TRIANGLE signal
2. Entry on the small dot (with candles of the appropriate color, of course).
3. Stop Loss (SL) slightly beyond the large dot associated with the V12m TRIANGLE signal, and Take Profit (TP) with a 2:1 ratio.
Details:
I only open one position on the first small dot and do not take positions on the subsequent small dots.
If this simple strategy works, I’ll optimize it later by adding entries on the following small dots, with shorter SL/TP ratios. But one step at a time!
I could also filter my entries based on my positioning relative to the Daily Open, VWAP, etc.
Your thoughts:
What do you think of this approach? Does it seem coherent? Do you have any advice or recommendations to improve it?
As always, I wish you all an excellent day!
