Just for Fun


Legendary member

Try trading the dips and valleys on a one minute chart.

On Sierra I set the line colour to white.

Go long on the break of a peak.

Short on the break of a valley.

Stops are the valley peaks or bottoms.

If stopped out twice in a row long and short then draw a horizontal line at top and bottom of stop out points ......should have drawn in a consolidation channel.

See how you go without any other indicators other than this price line.

Oh Well

Hi folks,

Someone tells me on another board that they had tested "Hills and Valleys" long term ( Back tested?) and it doesn't work.

Still - try running it from the right hand side of your chart screen and clicking forward one price at a time - any time scale.