You ever notice that when swing trading your trading plan you make 2-3 days before the market turn, and 4 days + before the move is the most accurate and best for timing the top/bottom?
In daytrading it's totally different... The best trading plan on a 1 minute chart is usually the one you have 4-8 minutes before the top/bottom.
Fifteen minute chart... 2-3 candles before the move. Hourly chart... 2-3 candles.
I find it best to just write down the proper trades beforehand lately so I remember to execute them properly when the entries arrive.
Maybe I can figure out how to get SierraChart to do semi-automation... I have only created full automated trading scripts. Not sure how well the program will work using automated entry and manual exits...
In daytrading it's totally different... The best trading plan on a 1 minute chart is usually the one you have 4-8 minutes before the top/bottom.
Fifteen minute chart... 2-3 candles before the move. Hourly chart... 2-3 candles.
I find it best to just write down the proper trades beforehand lately so I remember to execute them properly when the entries arrive.
Maybe I can figure out how to get SierraChart to do semi-automation... I have only created full automated trading scripts. Not sure how well the program will work using automated entry and manual exits...