Im following this thread and have to say well done! I think a good strategy is one thing but, ability to take a risk and not following own emotions are the things that makes a real trader. Simply day trade is for boys with balls ! Should i wish you luck ? Keep it going.
I admire your staying power JSSPMK. I suggest adding the CCI-55 to your indicators if you can get a histogram version or a version that has a line that changes colour. Then add two levels on the indicator of +125 and -125, these are momentum levels within a momentum indicator. Backtest your good and bad trades for a few days and you should see how you can avoid most, if not all, of the bad trade. Genuine respect JSSPMK. Regards. TEAMTRADER "Trade what you see and not what you hear or Hope."
This attachment will help to ease the pain. These two MT4 indicators are on the GBPUSD 5m chart but they can adapt. The top one is the CCI-55 which is the base indicator for showing both price conflict (divergence) and trends. Enjoy your holiday. Regards TEAMTRADER "Trade what you see and not what you hear or Hope."