Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
You are right in that I don't have a well defined entry strategy. I have it at 90% but when looking at price action and what has been happening, I cannot qualify that in code with a set of rules right now. For example, when in a tight sideways channel or choppy market, I don't know how to create a rule base that will keep me out of entering a trade under those conditions (do you have code that does this?). Visually I can see these conditions. What typically happens with a strategy is I get whipsawed with entries and exits under these conditions. Manually, I can see these conditions and make the choice on whether to enter. If you have a good strategy that identifies chop or can determine the size of a channel and whether there is worthwhile room for the trade to happen, I'm all ears on that!