A Fun little Study 'n' Practice Exercise.
The Self Study Challenge.
Researching and Studying the Effects of Indcators and matching ideal and Recommendations can be over whelming,
However when you put test into play and see the results off a Trial&Error studied incase Exercise. "On a fixed postion (Decided to do noting but pick up a Low if it crosses) as seen here."
Chart below Shows the FAB4 Enchance with End Results:
Kia ora Taika,
More Complex then it appears. "FAB4 Enhanced Chart"
I have taken the FAB4 (Oliver Velez Trading) and personally Enhanced with the (BES) Formula and placed (FAB4) with (GAP Play)
The point to my layout is to see how I can perdict (Never! 100% probable) of pre entry and devise a strategy before weighing Profit/lose
from this example, FAB4-E would have had you chart reading if taking Short Position - Eixit (Theroy not tested/excuted)
Chart show FAB4 Working and FAB4 Enhance Kicking In (FAB4-E) - I did'nt even know that the Red Gap had exsisted until this morning [微笑]
The FAB4 Enhance will help increase my Skill as an ACTIVE TRADER, Limiting side benching (unless a favourable pull back imminent) and open new oppertunities that I have watch pass me by.
Testing and studies will continue, as I'm always trying to find better and more efficient (Easier) ways to Enter/Exit with limited risk to profit from stocks of my selecting.
Thank you taking the time to read my small experence with Indicators. I am looking forward into testing this method further and seening how far and wide it can go if anything,
try not over complicate "potentially" a good-thing, for FAB4-E can be set up in less then 5 minutes (after all Traders are out there to make money, and not get tranced by Color bars [微笑] )
I imploy this method for reason Cash & Margin has different effects on Trades (Can not Opts Trade on a Cash account 🫣)
Ka hari nga taika hopu. [爱心]
Modify on 2024-06-14 13:20
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power… a bit complex tho