Hi Wab,
Since your system is looking at HH HL, LH LL, here is a quick input from my part. To be mentioned that the idea is not mine, it is from this forum - is just that I don't remember whom launch the thread on this idea to give credit..
It works almost every time: when price is consolidating and the HH's are at the same level while the HL's are upper and upper it is expected that price will break up. This is how I made 90 pips today, and I think will make other tens of pips with the same setup.
The same applies viceversa.
I thought to share this little tip after having the discussion regarding EJ SETUP. I noticed afterwards that actually the price is topping with aligned HH's and climbing HL's, so I bought EJ. I believe it can be used complementary to your strategy, which I find very effective. However, because is not using your template and is off-topic, please let me know if you want the post removed and I shall do it.
UPDATE: was expected that price will break up. So it happened.
https://www.mql5.com/en/charts/70633...ral-markets-as
Best regards,
Dragos
Since your system is looking at HH HL, LH LL, here is a quick input from my part. To be mentioned that the idea is not mine, it is from this forum - is just that I don't remember whom launch the thread on this idea to give credit..
It works almost every time: when price is consolidating and the HH's are at the same level while the HL's are upper and upper it is expected that price will break up. This is how I made 90 pips today, and I think will make other tens of pips with the same setup.
The same applies viceversa.
I thought to share this little tip after having the discussion regarding EJ SETUP. I noticed afterwards that actually the price is topping with aligned HH's and climbing HL's, so I bought EJ. I believe it can be used complementary to your strategy, which I find very effective. However, because is not using your template and is off-topic, please let me know if you want the post removed and I shall do it.
UPDATE: was expected that price will break up. So it happened.
https://www.mql5.com/en/charts/70633...ral-markets-as
Best regards,
Dragos