@seablue: feel free to ask as many questions as you have if not more ![:slight_smile: :slight_smile:](https://forums.babypips.com/images/emoji/twitter/slight_smile.png?v=5)
- Trade EVERY signal, regardless of if you have a position open already, if for instance you have a sell order and then a buy signal comes, buy! Close out your sell (or sells if you have multiple) and place the buy order
The only exception is when you have two or more consecutive (meaning candle after candle) indecision candles, then you must run them through the filter as described on post #1
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If you have a sell order already placed, regardless of whether it has taken half profit or not you add a new sell order for the new sell signal, and move up the take profit and stop loss of the first trade to that of the second trade
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Priority:
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Star 2. Indecision candle.
Because the inside bar is not entered immediately it will never be a part of a conflicting signal, the priority only matters when an indecision candle and star formation occur at the exact same time and one says to buy and one says to sell, in this case ignore the signal with lesser priority entirely
If a star and indecision candle occur at once and they both agree (sell and sell, buy And buy) then place an order for each signal, meaning two orders will be placed
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If you have trades in and an opposing signal occurs immediately close out all current trades and place the new order for the new signal, there is no priority here, it is regardless of the type of signal
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I personally don’t because I don’t like the feeling of my money floating around, brokers do not guarantee stop losses on the weekend so if something horrendous happens during the weekend your account will suffer greatly for it, however you can look back even a couple months and see that 90% of the time price gaps in the direction of our last trades, so it’s a personal choice
@medisoft: I set the rules for ATR this morning and you base ATR off the signal you are using, which is always on the 4 hour chart
It doesn’t matter how many indecision candles occur in a row, you filter the close of the final candle with all the closes of the candles in all it’s of it’s previous consecutive signals
Like pipcompounder said you should always trade this system like a robot, ignore S/R, fundamentals, fib lines etc. my trading style and all of the data in it have already in it all the discretion needed, technical analysis always beats fundamental especially in this system, while fundamentals and 4 dimensional chart tools such as trend lines look at entire sets of data as groups technical analysis and even more so this system looks at every individual piece of data contained within those sets, therefore we can be much more accurate ![:slight_smile: :slight_smile:](https://forums.babypips.com/images/emoji/twitter/slight_smile.png?v=5)
@pipcompounder: most awesome! And you’re right if we would’ve traded it 100% to the letter we’d have banked well over 2,000 pops and had we used the ATR, we’d have Atleast 3,000!
@everyone: I had an ultra amazing inspired moment just now where I realized If we reduce stops to ATR (14) x .75 we will LITERALLY increase our profit by 25%!! I’m testing it now to see if it is viable, looking good so far