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How to beat Flat Market on TF 5 min?
Hi to all!!!!
We all face a problem, particularly those who like to trade TF 5 min.
This problem has an ID: Flat Market.
When we are in a flat market all our signals turn useless.
There are other threads that point out some solutions, but I'd like to compile in one thread all the ways to beat FM on TF 5 min.
Do you join us?
Here you have one, it's not mine, but Neil's, I think.
Its name is 21 band.
SMA 21 Low
SMA 21 High
When price is between both, we do not trade. We go long when price goes above SMA 21 High and we go short when price goes below SMA 21 Low.
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