Just for Fun

neil

Legendary member
5,167 747
Hi,

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.

;)
 

neil

Legendary member
5,167 747
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.

:D
 
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