@Vinz
I still have a few questions that are really bothering me.
I use the EA on XAUUSD (Gold)
on the 15 MIn time frame.
If the Daily/4H/1h is bullish I use 7/4 or 6/4 on the consecutive signals.
Is this really the only instrument that the EA uses as an indicator or are there other indicators available as I'm trying to find the good middle way without having a severe drawdown.
I also often use the preset that you posts in the forum, but that is always a backtest from last week.
Example:
Last week you posted the consecutive signals 4/6 due to a downtrend (this was super profitable on Monday and Tuesday), but on Wednesday the tide turned and only bullish signs were visible and he has already entered 4 positions which are now clear , more than clearly in the minus, so I would have had to switch to 7/2 by Wednesday at the latest, like you posted today, but since these are always just back tests from last week. when i use 7/2 this week it would not be a positive way for today. i hope you ujnderstand my struggle
Now to my questions:
Are the consecutive signals the only indicators of the EA?
How do I find out the best signals on a weekly or daily basis, and what is the best approach?
I have loaded a consecutive signal counter into tradingview that gives me values and a trend, but I haven't yet figured out when I should change something in the signals and I'm asking for your help in this regard.
IF 15 MIn is bullish then worth it? Or if 1h/4H bullish then worth it?
What would be the best strategy here to avoid opening unnecessary trades?
I hope you can help me with this.