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.
Once Price Breaks out of the former Lower high where COGPB happened, its another trading opportunity in the opposite direction. See picture for reference.
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.
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.
Gold Yesterday was crazy on the M1 timeframe. Remember M1 is only Ideal during high volatility. Scalpers would have been happy with yesterday. See pictures of the countless entry opportunities. last picture is zoomed in to show the arrows closer.
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.
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.
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.