I suppose many of you are aware about the 2652 theory.
I am trying it in EU markets but i don't follow the same rule of 10.15 or whatever but i follow the high and low of the first trading complete hour.
If the trade goes wrong i don't keep trading for the rest of the day (talking about the same stock)...i continue with my rest of stocks..
However i am trying another new possible improvement but i cant back test it because i don't have this kind of software.
I wonder if anyone can help...
As you know the system suggest a buy and sell trigger according previous H&L and each days H&L (first hour for me).
However i DON'T trade the stock if the 2 prices (buy and sell) aren't among the candlestick of the first hour.
If you don't understand, please let me in order to give you an example.
Can anyone backtest this possible improvement?
thanks in advance...
I am trying it in EU markets but i don't follow the same rule of 10.15 or whatever but i follow the high and low of the first trading complete hour.
If the trade goes wrong i don't keep trading for the rest of the day (talking about the same stock)...i continue with my rest of stocks..
However i am trying another new possible improvement but i cant back test it because i don't have this kind of software.
I wonder if anyone can help...
As you know the system suggest a buy and sell trigger according previous H&L and each days H&L (first hour for me).
However i DON'T trade the stock if the 2 prices (buy and sell) aren't among the candlestick of the first hour.
If you don't understand, please let me in order to give you an example.
Can anyone backtest this possible improvement?
thanks in advance...