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Justine Kelechi Ekweh  

Tried scalping in CAD/JPY since the momentum looked good. DynamicCOG worked well even in gold. note: I didn't catch the gold trade

Note: When the arrows start appearing every three to five candles, the market is consolidating and preparing to break out, many at times in the opposite direction.

Justine Kelechi Ekweh  
Once Price Breaks out of the former Lower high where COGPB happened, its another trading opportunity in the opposite direction. See picture for reference.
File:
COGBreakoutcadjpy.png  45 kb
Justine Kelechi Ekweh  
Justine Kelechi Ekweh #:
Once Price Breaks out of the former Lower high where COGPB happened, its another trading opportunity in the opposite direction. See picture for reference.

This pattern happens all the time in every timeframe.

COGPB can be used as a trend entrance or as a reversal signal. 

File:
EURAUDM1COGBreakout.png  52 kb
Justine Kelechi Ekweh  

Before the market closed on Friday, I tested all M1, M5 and M15. Traded M1 because the volatility was high. Always consider this for higher timeframes.

Then I updated the Indicator code to print very accurate signal arrows. The small new  arrows work best from M15. The results are stunning.

Good results also in M1 and M5, but I found from M15 to be where the sweet spots begin.

File:
M1COGGRAIL.png  62 kb
M5COGGRAIL.png  73 kb
M15COGGRAIL.png  55 kb
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