Trading ES, reverse trade based stops

Testing. A stop is a reverse trade. Some trades will be posted not in real time, but there will be big losses and wins, so I have no bias to be dishonest about entries, this is due to automation and I have to sleep sometimes.

Currently Long 2082.50

 

The main idea is not to be motivated by a stop based on any chosen price level, but rather on a mathematical interpretation of price action but within a certain time frame. Strengthening = initiate & stay long until it's weakening = initiate & stay short until the opposite starts developing.

 

Good fortune on the journal and the method. What time frame chart will you be using for the stop and reverse strategy?

 

Best wishes in your journal.

 

Thank you. 30 minute frame, obviously 1 contact.

 

Isn't this just SAR?

 

PA still bullish on 30m

 

agreed. Have you brought your stop back up?

 

Not trailing stop. If price weakens on chart I will sell 2 contracts.

 

Short 2099 as PA flipped negative right at the the end of session.

+16.5