>>20136905The problem with forex is that big banks set the exchange rates... this means that intraday traders are a big source of their revenue and since they'll clear stops out in both directions before making it trend, you don't want to be where all the popular trades are. That's stuff like price levels or using stuff like RSI or overbought/oversold indicators. Generally trend trading (as opposed to reversal or momentum or breakout trades) is what works best.
For me:
>Price needs to cross and close above or below the baseline (keltner/ssl hybrid, the red/blue line); this generates a red or blue dot below>Heikin-Ashi+ must match the same color, ideally changing into the correct color on the same candle>When there is a bullish crossover on MACD+ above 0, a blue triangle up is printed, and a bearish crossover is a red X. The reverse is true below 0. This can help signal a continuation or reversal, basically I want to enter when there is some kind of symbol printed>EMA (orange) should be below the BL if short, and above the BL if long. I don't want conflicting signals>CLAMPs are channel/trend indicators do a lookback on average price. Basically I want 2 or 3 of them match the trend. It goes from a triangle to an X when the trend is changing.Like look at this chart, there's a few really nice setups (it's 4h which I don't really trade). Part of my problem is that I want to trade even when there are no good ones, and those are the ones that lose me money.
