Forex trading 2019 TA/FA setups and discussion, page-178

Hi Sharks

I feel they are as good as the first spike but we have to realise we are now talking about a signal that is only offering 4-8 pips. It may stall again very quickly and we also have to factor in spreads.
What  happen next after I took this screenshot was the price did change direction and made a higher high so you would have made 10 pips minus spread.
I am finding you need to trade pairs with a bit of movement like GU / EA / EC / GN / GJ.
This indicator still is no holy grail and I was scared to post it here in case other traders thought it was the grail. 
Without my knowledge of price action movement I gain trading the 5 minute chart last year, I wouldn’t be in profit by the end of the day.
Lastly I wouldn’t use it for Red News events because I believe it works best during normal trading conditions.