Thanks Cooder
You would think after 10 years, I would know that little trick. Probably because I have never needed to use those timeframes before.
I normally have 4 chart time frames setup on each pair profile, W / D / H4 / M5.
Each time frames uses slightly different EMA’s.
However I spend most of my time with a split screen of H4 & M5.
They are a great combo act as both timeframes show the best structure and flow of the trend, more so than any other time frames.
Therefore I am trading this structure or flow of price action movement away from a consolidation area.
I have also been working a lot with tick charts recently where we remove time from the equation all together. Here we create candle charts that are formed by using a defined number of trades per candle as provided from our broker. This can show the order flow of the trend even better, it also dosen’t Hide some tick information that occurs with our brokers data on MT4 charts.
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Forex Trading 2018- TA/FA- Setups and discussion, page-3169
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