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Yes it looks like it might of been a glich, because when I woke up this morning it was gone from the chart.
At the moment I am trying this system on 4hr charts and am only checking them every 4hr. I'm trying not to watch the screen full time. Would you suggest that 4 hr is better than 1hr or are they about the same? Which one would you say has the less risk?
Thanks
Hey basza,
I would say that the 4hr gives less false signals but the 1 hr CAN produce more pips.
So the choice is yours.
My friend, partner & co-developer of FTC trades off the 1 hr. I use the 4hr. Someone on here mentioned Daily. Its really up to you. How much time do you have for trading? Would you risk more possible losses for a chance at more pips?
The good news... 565 pips up so far this week. The bad news... it's not in my live account. I use the 1hr and or the 4hr. I also watch the non-lag zig zag indicator for entry and main alerts for exit. I might be leaving pips on the table this way but it suits my comfort zone. If this continues for anoter week or two I will be moving to my live account.