Trading system based on short-term and medium-term fluctuations.

I agree with you. The mid-term trend is a great idea, but it is not enough to build a system.

 

I am sure this method is profitable, but we may not have enough patience to wait. I will use a chart to explain entry and stop loss.


1,2,3,4 all all mid-term high, the trend is not important and hard to use, break out mid-term high and stay above, then long, otherwise stop, or short
Last point 4, we can short because, for mid-term high or mid-term low, they are zones, we can trade both long and short. also up trend is long enough, maybe wave 5, we will wait for a mid-term downtrend later.
I hope you can understand, my English is not good

 

I open a position on a correction with a minimum stop, and you on highs. That's the difference.

 

I think any indicators or signals are ok.
"high" is a zone. We can long or short, I think there is no mechanical logic.

 

It is better to use your indicator on the daily chart.