Just for clarification. Why are you waiting for the sell signal? what happens if this buy signal turns as a trend for going long and do you change the sell signal point later on?
For Example
My buy signal was at 5850 on January 15. But i did not buy because i was trading intraday at that time.
Now trailing stop loss is 6030 where the sell signal will come
Now Current Price is 6115.....
If i take long at 6115.. and get sell signal at 6030 i will make a loss...
I should have entered at 5850 but i missed... entering at the middle level 6115 is dangerous... So i am waiting for sell signal...
for your clarification, if i enter at 6115 and it goes 6200.. this is good luck.. but if i get sell signal after taking long position at current price 6115.. this is called wrong entry and wrong usage of strategy..
As per strategy, it is giving profit from january 15.