u r doing wonderful job and helping to lot of people here..great effort..could please share this indicator and template please?....please kindly share this bro
Did you enter a buy trade where you have that double horizontal arrows? If yes, I will ask why did you buy at that point?
It is a down trend and both M5 and M15 stochastic are overbought at that point, so I will be selling to rejoin the downtrend instead of buying. Multi-time frame analysis will keep you out of trouble while using this system.
The safest place to buy is few candles after red dot. At that point H1 stochastic has gone into the oversold zone and M1, M5, M15 and M30 are either out or started coming out of the oversold zone also.
H4 Cycle TOP is IN CONTROL so only take SELLS until the H4 Cycle BOTTOM is in. Until then, SELL 2nd Dots and IGNORE any buy signals.
Why are you wasting your margin on a crappy pair like AUDCAD? It only moved 137 pips from H4 cycle top to M15 semafor bottom whereas GBPNZD moved 896 pips in the same time/cycle!
""There is nothing to fear but fear itself"" - Franklin D. Roosevelt