You can automate but then you have to tweak. Once you finish tweaking you are on automate. The question is can you tweak successfully? Tweaking means you are being discretionary, We all know the results of being discretionary. You fall behind hide the indices
I've been saying that, 'I don't know why they call it trading, they should call it waiting". Everyone sees the same chart you see, that is no edge. You have probably been just getting lucky. Trading & Exchanges by Larry Harris helped me recently. Trading smaller also has helped with confidence. GL
You're correct, its the same chart but everyone are not looking at that chart the same way nor via the same prior experiences. Thus, at what point would you rule out luck as the reason for profitable trading ? wrbtrader
Correct, charts are like Rorschach panels, we all see different things. Seeing things which made for technical acuity is what makes a technician, transcending that into knowing how to use that information to make profit and executing a plan from that is makes a trader.
My "edge" has changed couples times each decade. What I once thought it was entry, then charting then indicators and now probability of risks and rewards. If you can read charts, you can program it, tweaking can be automated as well, some problems due take months and months to get it as you read it. Content makes programming a nightmare, but reworking one's definition and contracting/expanding variances can get one real close. You know you have it down well when trading gets boring.