Quote:
Originally Posted by BrianSNJ
Sorry TRO, I did not know you replied here. Just found out right now.
What confuses me is this (and I have checked some forums and not found the answers).
Do you just take ANY shade of green after ANY shade of red for a LONG and any shade of red after any shade of green for a short and try to grab 3 or 4 pips?
Or are there specific shades you are trading?
Right now I am only have a 50/50 success rate.
I don't want to complicate this but clearly there are 2 shades of green and 2 of red. It seems to me that DARK RED after DARK green is a more successful trade and vice versa. Am I right or is it my imagination and just go with any shade after any shade?
Sorry if it seems obvious but I do think it is easier to comprehend when you designed the indicator. lol
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If you make more when you win than when you lose 50/50 ain't bad!
No, I don't look for any other shades.
What chart period are you trading? That makes a difference. The H1 will give you more pips per trade than the M1.