Not changing the method, not going back to try to improve it, it's perfect just realise it's limits and trade with it more as a guide than gospel range wise, but not direction wise.
Thinking also LeeLoo messing messed me up aswell, thinking low odds that'll pay so aborting and removing Ninja 8, the cost of that is just stupid and it's not as good at MT4 which is just stupid. Struggles with this PC aswell, can't be arsed to migrate all my stuff to the Gaming PC unused for months.
Better get back on it and hide the cash away from Socialism kicks in, cause then trading and trying to get ahead / be better off than anyone else, will be against the law, we shall all become good little identical sheep, leftie dream world Trade 16sma direction, using the 7's range loosely, a move outside, doesn't mean trend change, only a move away from 16sma means that, so a move outside then a pause = buying Op, not a jump on then get slapped. That's what I was screwing up last week, plot lost. Defining how far it can go outside of range, is the issue and might be a fools errand, as that might not be possible.
Market conditions have changed and method FAILED again, -$150 before I pulled it, no big deal! Main issue with method, was Risk to Reward dropped off hugely, mainly Risk became to big, okay in chop as big risk will bounce back, but if your going to go take out that SL regardless of distance, then big risk = PAIN with small upsides. Simplify needed!!! Envelope 10sma High +0.01% and Low -0.01%, direction to trade and range initially. Envelope 7Lwma High +0.03% and Low -0.03%, Range to trade along with the 10. SL can be 7lwma +/-0.03% based of based around the 10. Good Demo trades, need to wait for a direction, sideways = lower odds and lower risk to reward. Continue Demo tomorrow and see how it plays out.
Demo trading method vaguely awake and interesting results and actions at these ranges. Need to improve entry accuracy before going live
That method, worked great for swinging trendy markets then had to give up for chop. Takes me a while to remember, too many methods, should start taking notes as to there stengths and weaknesses I guess, rather than repeating endlessly. so to fix. Envelope 6lwma H + 0.02 and Low-0.02 Envelope 12sma H+0.05 and L-0.05 Then in chop / flat markets. Envelope 12sma H+0.14 and L-0.14 lesson learned, is larger SL's and averaging in has to sadly stay, stop trying for accuracy, believing you can be accurate is the killer.
Fluke maybe, but +$370 inside of 5mins, makes me a happy boy Balls, to make the right trades is as always the issue, when the balls run out then only got the nerve for simple setups which all fail.
Okay, chop tick, strong trend tick. Telling when Weak Trend coming out of Chop is about to become strong trend, that's the next issue. I thought it was just but need to be surer.
Close, but trend reversals are too costly so Envelope 12sma H+0.02 and L-0.02 rather than 5. When market moves from Chop back to trend, odds are it'll keep trending just maybe in the other direction, like just. I shorted top 7 then near wider top 12, but wider lost me too much got in too late on the uptrend. This needs to work for all conditions, or repeat I shall for ever ever!!