Just pull up a 1 or 5 minute chart, look at how much data can be hidden in there. It's amazing how many people use time charts over tick and range. Time gives you less setups, so seems people like that as to not get overwhelmed, but also generally poorer entries. For consistency on a lot of strategies you have to wait for a candle close, it can be a huge disadvantage having to wait for a time chart to close. Time charts have some advantages, for complete context you can view the market in Time, Tick and Range. I prefer to trade on range charts though.
This was actually the post of yours I was looking for before I got distracted by your posts in the technical indicators thread. Are you eliminating time as a means of smoothing price movement? I'd really like to hear as much from you about this as you'd be willing to share. The idea of reducing or eliminating time (as much as that is actually possible) has been knocking around in my head for the three weeks or so since you posted this and so I've been doing some experiments with intraday charts working with various data aggregators that reduce/eliminate time, e.g. range bars, Renko, etc.
Time chart for a fundamental link to the 5 day moving average (average of Mon thru Fri news). Range chart works better with indicators but amplifies both gains and losses.
Two perfect entries on Gold recently. The first one was 22:1 RR, the second one was effective 25:1 RR.
It was about 2 USD or 20 points. But these trades were not on paper, they were real trades and made me good profits this week.
Are you playing "Tell us your broke without telling us your broke?" Stop loss was 1R, profit was 22R, what more do you need to know lol Stop loss was 1R, profit was 25R. Again, what does the size of the stop loss matter? Risk $1 to make $25, or risk $10K to make $250K. It iosn't your money, so what does it matter. Though, I would have preferred the OP post his entries in something close to actual time rather than come here with his zipper down saying "look at me! Look at me!" Because if you don't call it ahead a time, there really isn't much to see, is there. Perhaps he did post the trade ahead of time, but since he didn't quote a post showing the call, I presume this is after the factonl6. I like the way @vanzandt does things around here. That's a cat that knows a thing or two about a thing or two.