Then as for how to enter the market.
When you are notified for sell in crash at 68 RSI, you can use 40% of your lot size first because normally you are to start selling at 70 RSI but in some cases, the spike might occur without getting to 70 RSI. So in order not to miss it, first enter the market with 40% of your lot size then enter the remaining 60% of the lot size at 70 RSI and note your stop loss of 2-3 candles in m5 time frame start counting as from 70 RSI.
Another point is that don’t if you want to start the trading for the day. Make sure you use the same lot size you start with till the end of the trading day. Let me explain this.
Let say you start the first 6 signals with 2 lot size, and all the 6 signals were successful and because they were successful, at the 7th signal, you went to increase your lot size to 4 lot size and unfortunately the signals wasn’t successful, it will definitely affect your accumulated profit and is care is not taken, you might not end the day with profit. Stick to the lot size you start with to the end of the trading day.
If you do this correctly daily, you will always end your day with profit
Then Take note if this....
You might be wondering that the robot is giving some signals when the spike have already occurred. Let me clarify this to you.
*Taking crash as a case study.*
The robot is programmed to alert you for sell at 68 RSI and 88 RSI i.e it gives you a quick notice before it gets to 70 and 90 which are sell and extremely sell respectively.
For boom pairs
It is programmed to alert you for a buy at 32 RSI and 12 RSI
Still on crash as a case study. The robot will also alert for a sell when the spike is so long that it hit 32 RSI which normally it indicate a buy for you in crash market but you can take advantage of it because more spike do occur when it also alert you on 32 RSI or 30 RSI.
Why the robot signal signal you is because the spike occurred and touches 32 RSI in crash not that the signal was late. All you have to do is simple, when you get that kind of alert, just place trade and stick to the normal stop loss which is 2-3 candles in m5 time frame because more spikes do occur in those levels and same thing applies to boom market. The robot also will notify you for a buy when the spike is so long that it touches 70 RSI or 68 RSI.
All you have to do is to place trade and stick to the normal risk management of stop loss of 2-3 candles in m5 time frame.
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