System i've been perfecting to pinpoit entry (blue bar) and exit points (white bar) for long and short positions for short day/intraday trades based on the convergence of important indicators.
The system consists on entering in a position with 1/5 of the total capital in the 2h Chart (left chart) and exit at 1st exit warn on 30mins chart (right chart).
It's designed to allow 4 extra price corrections (Pyramiding x 4), these corrections are only allowed after a 4 candle period on the 2h chart meaning: the 1st correction should be done only after 8hs or more related to the entry position (1st blue bar) and should be only done on a new entry warn (+or= 8h new blue bar), and so on.
After 4 corrections a stop loss with 5% price value on the last correction price should be submitted.
Back testing gives a extremely high level of accuracy on short term trades (day/intraday trades).
The charts publishing can show some significative delay.
The chart colors are all changed to reduce headaches, so green is blue and red is white.
Entry price: 281.5 1/5 of wallet
Disclaimer:
This is not a trade advising system for the general public, I use it for my own trades and publish it to keep an historical record. Follow this system at your own risk.