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
Technical indicators alone are not enough, no matter what time period you analyse. I believe they only demonstrate trend direction, the probability of their justification is about 60%. Depending on how often you trade, you should pay attention not only to technical indicators, but also to draw your own charts with the support and resistance trend lines, middle line etc. Visual information reinforces technical indicators and provides a more accurate forecast.