now in the 15M chart you just want to look at the MA´s on it (the 4 lines draw by the indicators MAMA and SSLchannel)
the MAMA lines are blue and red, the SSLchannel you should put them green and yellow.
now that you have a signal in the 1h chart, you´re looking at the 15M chart for a cross of the blue MAMA line and a SSL line to open the trade (always on the end of the candle) red arrow in the chart
80% verry many claims this and more but i have not seen anyone really be able to have that hit rate. Maybe your system is the first i find will have it
the divergence it is not little like the S and P you can draw the lines from just about anywhere to find it. The more a system is like a robot with exact rules the better it is. It will be easyer to baktest and it will be easyer to follow and let the emotions outside the trading.
clean the noise with a confirmation in 15M chart and you´ll do fine.
the problem with the robots and system in general is that they fail under certain conditions, if you learn how to avoid those conditions you can make a system very profitable.
i have a robot working on a demo account and it makes me 20% profits every week, but i only turn it on when the market is trending. (and don´t know why it only works on forexmeta metatrader platform:confused:)
Actually not true. I have set up your chart and looking at it.
So far it feels as a “hindsight chart” but I still try to see the future in it.
I think I will go and get me an 8ball.
However, to make a judgement (positive or negative) it takes a bit more time to play with it.
Keep it up and going, especially if it works for you. Remember someones treasure is for almost anybody else just junk. Yet just that 1 or 2 it was just what they needed to “see the light” and money.