I have seen many of us backtesting robots, optimizing the settings and eventually wasting valuable time and precious trading opportunities for weeks and for some it could be even months. Time is up
Spend 10 - 15 minutes on high level technical analysis when you wake up any time of the day, drag Legacy on H1 or H4 or D1 chart and ensure that “Instant Entry After Hit TP” option is set to true so that Legacy opens the next trade immediately once the previous series is closed without waiting for the next candlestick to trigger after an hour or more.
The Investment Castle support and resistance indicator will help you analyze the market and dictate the trend direction along with the Trend indicator.
Now, right click on the chart then choose Indicator List, and double click on the Support sand Resistance indicator. Match the settings to these parameters if they work for you.
Support and Resistance indicator is designed to send you mobile notification every time the key levels change.
Now, we can see the key levels using H4 timeframe, and our trades are based on H1 timeframe. At the moment, we are pretty sure that the direction has reached a key support level and it is time for price to reverse. Double click on the zone top and bottom horizontal lines and drag them on the chart.
A few hours later, the price has changed again, repeat the same process. Enjoy the profits.
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