Thanks guys this gives me a jumping off point
What do you think of using:
bollinger bands
awesome oscillator
Like all other indicators, they are not 100% accurate. So along with the indicators, you should employ some risk management techniques so that if a trade goes wrong, you don't eat up all your previously made profits or blow up the account.
and chopindex to find trades between 12 hrs and 5 gays?
I never used chopindex before, I believe it's the same case as other indicators. Gays? typo?
I can sort of tell when something is going to happen but sometimes I think its going up instead of down.
I haven't yet seen one indicator that gives 100% win rate after so many trades, especially on lower time frames.