I have a couple of questions regarding the Momentum Scalper. I really like the simplicity of it and how it allows us to trade on market-days when there are few signals. However some uncertainties remain:
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Entry rule is “HI/LO OF THAT BAR IS BROKEN WITHIN THE VERY NEXT BAR BY 3 TICKS” Can we use the bar range indicator and place the order 3 ticks above/below it?
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Regarding TP Here Darrsel says “BAR SIZE IS PROFIT TARGET (LESS 3 TICKS)” In the video (http://apexinvesting.net/module-4/elite-momentum-scalper/) the TP is supposed to be equals bar size. So which one is it? Or how can we choose which one is best for a given market environment?
We plan to trade CL (on 12 Tick Chart) if that’s relevant.
Thank you.
Johannes