I mentioned earlier that I missed my entry this morning, but this is how my trade would be progressing. This is the "trend mode" setup to my automated strategy I'm working on, I rely on the alligator as well as a slow and fast ma with dynamic profit targets (in pips) projected below the fast average. Entry comes when price is within 20 pips of the jaw line. In short positions take profit automatically if price closes the above the fast ma or if price touches the lowest profit target. This looks like yet another 60-70 pip win, which would have made close to 200 on the week. This strategy is really promising.
Comment
⋅
This strategy would have already taken profit on the 10 minute chart (it was built on the 10). But this resolution isn't supported by trading view, it'll be interesting to see which timeframe out performs which
Comment
⋅
Roughly a 4 pip difference, the 10 minute resolution helped because trade exits are decided using closes. But still profitable on the 15 which is good to see.