gse1963, Sorry, my bad. Okay, I had to read it a few times, but I get it. I can see how that would work. A similar thing would be backing an bullish engulfing after a fall. I like the mechanicalness of it - takes the guesswork and worry out. I'll experiment with it.
MG , I don't think it would work if u trade 10 sec intervals . With 1 minute intervals I prepare my order before the bar is closed [ 2 clicks ] so if the current bar goes over where I think I have to start again but I use a ladder so can just click anywhere . But also worth noting I had a success rate over 70 % for ages and then it went pair shaped and I have to be very patient on change of direction as it involves close stops . So what happened I tried to use my stoch oscillator on 1 and 5 min to gain more success but but but .
I think I need to go back to lobbing bids all over the place and using depth . so just go long now and place an opposing posi 4 or 6 points away or if bars are moving 5 -10 points like present then pick the direction and just hit the depth with an opposing posi and close stop . Dax moves so fast in 1 minute that filtered data on ninja can't cope . I have found on a few fut's platforms in the last few years that orders are filled where as the chart has not gone there . I can't afford to buy a real profesional platform and ninja is a bit cheap and nasty . ie to place a long or short on stop order u have to hold CTRL button down and click the scroll button on the mouse where as better ones u only ever use left mouse click for both sides of the depth .So very easy to hold ctrl and accidently click left button on mouse and u are long [ I am now using 2 clicks just incase but when im tired I still miss read it and get it wrong ] . DAM FRUSTRATING .
I've been trying 10 second bars but for some reason it doesn't update then chucks in a few bars . I could of set it up wrong or a ninja furphy as it doesn't like high refresh rates .
enuff woffle tonight im off to bed and live to fight another day .lol
Thanks for the running commentary and hope others appreciate your effort as it is dam hard to trade while showing live trades on hc .
cheers g
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gse1963, Sorry, my bad. Okay, I had to read it a few times, but...
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