Traderdave As I look over your trades I see where you are getting nailed is when you are trying to trade reversion when the market is trending. In the market cycle of Trading Range your technique should do better. However, Specifically, in many of your trades you are getting hammered by trading opposite the direction of “implied pullbacks”. Perhaps you are thinking exhaustive type moves through blue MA therefore price will likely reverse? I don’t know what your thoughts are for your entries. Bars that look to be exhaustive are often BO’s with momentum. To trade an exhaustive move I prefer to wait for a reversal with FT before trading the reversal thus counting on more legs in the reversed direction. Looks like you might be trying to jump in early on what looks like an exhaustion move. I will do that sometimes but when the exhaustion is at top or bottom of an established range. That said, when do we know when a move is a PB or a reversal? Nothing is 100% for sure, however the best indicator of price is price itself. Therefore, to tell if a counter move is likely just a PB or likely a reversal it is very useful to look at the previous PB’s (say one or two previous PB’s). Were they strong lasting more than 5 to 10 bars or were they weak lasting 1 to 3, 4 bars before the previous move resumed. If the previous couple of PB’s were weak then the present PB (implied pb) is probably going to be weak too and not strong enough to constitute a reversal. The present PB will probably be an implied PB and a trader would thus want to trade WITH the previous trend and not trade a reversion trade to the mean or to the blue MA regardless of where the blue MA is at. I am posting one of your charts with some annotations. I think it was your second chart where you had 3 losses in a row. If you look at your other charts you may see some of the same scenarios playing out that cost you money. The yellow circle highlights the 3 long trades. The thick red line shows the prev PB. It consisted of a bear bar (that was an implied Pb itself) and two bull bars (that together made an actual PB’s on the present TF) then the trend resumed with a large bear bar. Then that first broad green line shows the next PB which was an implied PB. Implied simply means on a smaller time is is an actual PB. So we have a big wide range bear bar and a weak prev PB. Is this present implied PB (first green line) gonna be a reversal back to the mean or more likely a continuation of the previous trend? More than likely the latter. Now go to the next green line “implied PB.” The prev redline PB and the first green line PB ...both weak..3 bars and 1 bar respectively. The big red range bar after that redline PB was not an exhaustive move but now can be seen clearly to be a BO. So, is the now present or second green line PB likely going to be a reversal to the mean? You attempted to go long there on your second losing trade. The answer is no. The trend will likely resume. There was not enough buying pressure in either prev red line PB to indicate nor in the first greenline PB to indicate that this second green line “implied PB” would be a reversal. Hence the tactic is to short not go long. Now look at your third trade (the third green line). You attempted to go long there counting on a reversal to the mean (blue ma). Instead price continues down some more. What was a losing trade could have been a winning trade by trading this third implied PB and going short. None of the previous PBs we have just discussed indicated enough buying pressure to go long on this third trade. Finally look at the 4th green line. It too is an implied PB indicating more shorting. So a trader trading implied PB’s would short again. However while a scalp would have been successful because the trader would short the close of that 4th implied PB it quickly reversed to long. Had he not grabbed his profit he would immediately taken his loss on that bigger green reversal bar that closed near it’s high. In summary trading implied PB can be a useful technique. Here is just a suggestion and nothing more. Why don’t you try coding your algo to trade “implied PB’s” on a sim and see what happens? For more info on trading implied PB’s ...identifying them..entries..exits..SL’s see my journal. Read several pages back and forward from this page 103 (I think) LOL https://www.elitetrader.com/et/thre...-the-es-nq-ym-mes-mnq-and-mym.336259/page-103 One technique learned well and executed properly MAY be all one needs to trade well. I know implied PB’s happen all session long on 5 minutes charts. Plenty to trades to take on most days. And as in any setups, “implied PB” setups, or otherwise, CONTEXT trumps any individual setup. That factor has to been kept in mind. Often traders will trade a legit setup in a wrong context then cry that TA doesn’t work. In real estate location...location...location dominates. In trading context...context...context.