Only my opinion
1) IMO it helps to check the overall trend first
2) Since it has been a downtrend, and also today was also going down so longs giving high probability trades based on OB> 5 bars is less.
3) Buying at dips after Oscillator staying at OB zone for more than 5 bars is high risk/quick trades stuff.
4) Finally no system is 100%
1) IMO it helps to check the overall trend first
2) Since it has been a downtrend, and also today was also going down so longs giving high probability trades based on OB> 5 bars is less.
3) Buying at dips after Oscillator staying at OB zone for more than 5 bars is high risk/quick trades stuff.
4) Finally no system is 100%
dear,
there is no system or formula in this world give your 100% success.
but there is a way to make it 100% by your MM.