Sherlock Holmes, the long trade you're in hits a resistance, retraces, you're in hour TF, ... is there any
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Is there any best way to get out of this trade, when (2 candles into the trade) you are good until it reverses after hittingthis resistance?
Problem is that Candle 0 is not fast enough? bulls in a row is too many candle requirement, indicator fall is too many candle requirement, moving averages are too slow, and your ONLY CLUE is that price hit a high and is about to bounce back.Is there a way to program an exit here expediently or quickly when such abrupt changes occur?
Can you recommend a best practice?Thanks,
bloodhound -
@len-1 I see this thread is related to the previous one asking for 'bulls in a row' block. Please look at my answer there. I hope it helps.