ImpLaNT wrote: Tue Apr 18, 2023 8:30 pm
Question...
How to trade on timeframes less than 5n with this approach?
Let's say on M15 (3n). With what and what to compare? And how will behave Range Arrow in this case?
I know you @ImpLaNT you prefer things "complex" (assures you it seems that all boxes are checked), but look at the calculation sheets - all boxes are in fact checked -- amplitude, inverse on, firmness of stop (points matched), and all of this at scale. That you do not have to do those yourself manually (subject to error and emotions), and "simply" depend on a single arrow looks too easy to be "safe" - but that is technology all boxes are checked for the arrow to report the state of system as a cue - the arrow itself is a function that will not therefore generate the given output without due processing is the way to look at it - so the apparent lack of "complexity" is not indicative of process (or function), simplicity (we have talked about this before). But beyond that is the result you get - will NOT fail. This is easily verified and readily experienced so not an issue at all. On the other hand think the latitude it gives you - to trade and respond to market opportunities in a way that would otherwise not be available - this is why I am showing you the diagrams again here to remind of my points and request that you look again and think of how complete things are at the point you see the trade cue. Which reminds me of @Meney's post elsewhere in which he tells us he traded a "1,2,3 Pattern" and clearly in his mind, it is the "Pattern"
(effect) that works and not the combination of the natural laws
(cause) that delivers the result. Of course that is the "technical" mindset prevalent across traders and yet put in the way I have just stated, that thinking is easily upside down. You must see chaos as the valid cause of how the market works and NOT some moving average crossing over or something. While yes you can see MA's and therefore trust the signal because your eyes confirm a cross, the fact remains something acting on the MA's actually caused the crossing and not the MA's having any special powers somehow on their own to crossover (an effect), and if you say yes price is cause we have shown that price is chaotic. This is why we tweak the thesis and not indicators to resolve issues in range reads. Not preaching to you man just trying to share a view. Ultimately it is the result and consistency of result that can convince you or anyone (even the most hardened "technical" types), of the efficacy of the logic. I know you to be diligent in checking this sort of thing. Cheers
(-_-)