Here’s my newbie observation only because I was doing the same thing…
You are taking scalps well past the 1st one in a trend
No. 3:
“How many scalps can I take within a single trend? The scalps that are consistently profitable are the first in any trend. If you have a slingshot setup and then an elevator (In that order), they often will both be winners. If you have an elevator first, then a slingshot, taking the second in that series, i.e.,the slingshot, the instance of profitability is less. If you take a scalp before the MVP arrow appears, you can take an additional scalp after the MVP flips within the same trend.”
I’ve been told that the trend is the unbroken string of MVP Predictor Arrows. If you look at your chart it looks like you have 2 sets of predictor arrows being painted. You should turn off the Trend Catcher predictors & leave the MVP arrows on.
Also, without the time scale at the bottom and the price scale at the side on your screen capture it’s difficult to see if your trades happened during news releases and if the trades corresponded with Magnet levels which would increase the likelihood of chop around those price points. (Are the pinkish horizontal lines your magnet prices?)
