simple and effective.
It works for me
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EMA crossover, Support & Resistance, before any huge fundamental news
There is a YouTube, post the “SECRET MINDSET” he explains the chandelier exit and the Donchain exit" as being highly effective and efficient exit strategies to use. Have a look at his post on this subject, as I was in a the exact same situation as yourself and this helped me alot, as I hope it helps you.
In a stable market trend; this tool losses its power! It’s my personal experience!
Thanks for the share. So ATR and volatility channels. I’ll check these indicators out. Have you had much success with them? How are you using the Dochian channels, as it looks like you can use them a couple different ways?
So my broker has donchain channels, but no chandelier, unfortunately. I’ll see if there’s a variation of that indicator under another name perhaps. thanks!
What method do you use Simple or exponential?
Make sense, by using fibonacci retracement will also work better