Hey guys, any suggestions for a bull trade candle that's out of control???
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I had a trade with a lot of children that, after a quiet set of 13 candles that preceded it, jumped to where I needed it to, but it was a 215 pip candle and as it was forming its wick made me lose 95% of my account all while I am only using .01 lots (this was a 10000demo account before the 5800 drop).
Here is the dilemma:
I cannot use a condition with a bull candle signal because it would have to employ candle 1, which I can't wait for
I have backtested and used Impulse UP and Time Bomb Up, but it doesn't seem to help maximize the candle.MY QUESTION:
Is it possible to have a majority of the EA be on a one hour chart and consequently have a small piece based on the 5 or 15? Or does that conflict with the uniformity of the whole bot?
Is there another recommendable way to -
@len-1 Probably you will get better advice from other users, but IMHO you should try some backtest on 5M and 15 M before considering it seriously. At those timeframes noise levels are usually very destructive.
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@l-andorrà thank you. I appreciate your help here. I was thinking that I might be able to microscopically do some intervention at that level but I wasn't sure how I could isolate certain activity.
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@len-1 IMHO timeframes below M15 are simply a suicide, but you can try. However, get ready to get disappointed due to microvolatility.