Hey there,
The question I regularly have is if there is a "too late" to enter a trade, meaning if there is a rule of thumb how long a Zee Signal is "valid"? (for bars but also scissors)
Take this as an example:
Would you consider this entry as too late?: (in hindsight it obviously is)
Up to the last candle the Zee Signal were Scissors untill they changed to the support bar. For some reason I only count the signals after Scissors valid if they occur within a few candles. You can see on the picture below that the conditions were met 9 candles later for the entry.
This is especially important to specify since I'm placing this into EA logic.
For those who messaged me about the EA progress: I got it to a decent winrate but there is no profitability mainly bcs of few big losses like in the example above. Also, I still can't answer your messages, since I am apparently still to new to this forum. You can message on discord if you like.
Re: Beatle's Trend Trading System
3481- These users thanked the author Onomatopoeia for the post:
- VespaTrader
Onomatopoeia#0976 @discord