Here is what I'm working on to identify very short term trades (meaning 30 minutes or less). I've officially dubbed it the Baconator after Iggy's other true love (other than Mrs. Iggy of course). If you want to check it out, you can go to
http://www.freestockcharts.com/ and create your own charts and indicators. (No, I have no affiliation with them!)
5MIN VIEW
1 MIN VIEW
GOATMUG
Hey Goatmug
ReplyDeleteYou've chosen to set your RSI at 5. Any particular reason? This may give a lot of false signals, like the one at 10:40. a Higher number like 14 will reduce that.
-Interzone