Instructions on how to potentially use the SIG[TP/SL (1H-4H-1D)]It's a HF algorithm for the 1H,4H,1D Time-Frames. Which means whenever the instrument reaches the open price, the algo might give a lot of signals and sometimes it might give plenty of reverse signals. In order to use the specific algo in the best possible way, here's a helpful guide on how to potentially use it:
1)Wait for the instrument to reach the open price.
2) ALWAYS, Follow the signals, e.g: We are at the open price. If it indicates buy signal, then open a long position. If for example 5 seconds later (again at the open price) it indicates a sell signal, then reverse the long position into a short position, and keep doing it until it gives a signal, that will be followed by a good sized candle.
3) The safest way is to close the trade when the price reaches the potential TP1.
4) Happy Trading!
*The text above is not an investment advice, and it does not guarantee any profit.
