Disliked{quote} I am thinking your chart is XAU, just wondering why you didnt took the earlier near 11.00 when it hit your ema ? there were delta not huge, but volume was there ?Ignored
I need to have several signal confirm each other.
1. Moving average order. What that mean? If 50/100/200 are in correct order, if the distance between them is good, if it was cross before -> ok
2. Stochastic. It is filtered by MA order and MA distance. Why? Because Stoch is gravity.
3. Signal itself. It is simple Now is Higher/Lower than X candles back. But filtered by MA order, ma distance, distance from daily open and even higher TF direction.
4. Volume. It must be good.
5. Delta. It must change and be good too.
6. Candle size must be big.
So earlier there was pretty good situation, but there were to "arrow", if there are no arrow the risk of reverse is too big.
UPD Long XAU +1.39%
As example, this is the sequence. It was closed too early because the price was near 8 EMA high on 1H tf (it was risky), so it was closed using DTP (dynamic take profit). It use ADR to track the order.
Observer effect
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