chickensword wrote: Sat Nov 12, 2022 6:36 am
i cant exactly let you know anymore ive switched platforms sadly orderflow is the only thing that makes sense to me
I use only SnR , and that same indicator as a reference for possible Targets and SL.
I download a lot of indis from here, and, sadly I can't make them work for me too.
I test all kind of indis many hours a day while I wait for my trades to develop, and from my experience nothing works, by that I mean, they are not consistent.
The only way I can make it work is with Market Structure ( SnR ) that same indicator I posted here and I draw my own levels too.( 4hrs levels )
To enter trades I never go lower than 5 mnts. and to Monitor I use the 1hr and 4h.
Moving averages, all kind of them, all the indis, they are just not reliable enough.
They give you 1 good trade, and when the market ranges you will give it all back.
And yes, we only know when it is in a range after many hours and many losses.
I keep trying and searching for some magic formula and play around with the settings and the different indis and all possible combinations, but no luck yet.
All my good trades come from instinct and SnR and levels.
At the moment I'm playing around with the SelfAdjustRSi, and it seems quite interesting in some situations of scalping for the 5mnts.
Peace!