We could use SuperTrend to follow the trend but it does not point to the Most Efficient Exit Point (MEEP).
Thanks ot Grey1 ( who is moderating TT thread on T2Win site), I am now applying multi TimeFrame exhaustion as one of the exits method.
Here is the trade
- Sellshort entry @ 11015. ( Open after one Red Bar print )
- Exit @10868. ( exit after system generated blue dot signal )
147 points profit. And then another chance to enter a new trade.
Such an awesome signal ................ backtesting was also satisfactory, except for the Longs where the rally often continues.
At least one solution is with me now.
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