Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars
As far as my understanding is correct, the software just tells what's the status of buy/sell on a given timeframe, not to tell literally what a person should do. If I'm wrong here and OP meant is actually a signal software, don't follow any signals it as it will just lead into confusion. Just take note of the buy/sell stats or any indicators they will share with you as reference.
Your question is tough to answer. You need to determine your comfort zone about entering a certain timeframe. But since you are doing an actual day trades, why not just manually do it and give your time doing it. For newbies, it's not advisable to enter day trading in their early phase of doing trades. Gained knowledge first from doing the usual trading and become used to buy low sell high method then slowly climb to advance learning.