158
by jackboton
Dear C,
How do you determine your exit position?This always bothers me.
By the way, I've noticed an issue. When I manually refresh, the oracle15m indicator on the 3min timeframe changes from looking like Chart 1 to looking like Chart 2. However, when I switch the timeframe from 3 minutes to 15 minutes and then back to 3 minutes, the oracle15m on the 3min timeframe reverts back to its appearance in Chart 1. This has some impact on trading. For example, at the position shown in Chart 2, I could potentially take a short position, but upon refreshing, I find that short decision isn't actually available.
+C+:hi there
1) I use different exits (change of stepma, change of current TF oracle after an opposite arrow, or simply RR 1.5, depends on the risk of the trade)
2) The alignment of the MTF oracle in persistent mode depends on the quality of broker data. If your broker sends 'strange' packets at the closing of specific higher TF candles, like they often do at H4 or H1 closing, you face the situation you described. Are you using the new 3.0 version? It should address specifically this.