I have been watching this AU for most of the session, as you can see it's in trending mode, and has supplied two potential trading opportunities after pull backs where identified, however I didn't trade this pair today.

"Katana Trading Strategy"

No such problem on EJ, trending nicely, notice how price today has bounced between xx50, xx25 and xx00...

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Same for GU, no trading as trend filter is not in agreement.

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Nothing to trade on EU, trend filter preventing any trading, as you can see market is range bound... trend filter doing its job...

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Just on the chart for the moment.... still trying to figure out if it's worth using or not..

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Yes it works for me...

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Just over 20 pips.. happy with that.... +2.5% increase to equity.

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Slow going... almost there...

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One good thing about price bars, when you get a bar with an upper wick... it's a good sign that prices could potentially go down, especially if this bar forms at a key price level, like the xx50 xx00 levels..

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This is the first time I've traded this pair using this strategy, as I see it the retracement has found resistance and it's likely to end. Of course I have no way to know for sure which way price will go... as long as you trade with the trend that ...

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Reached the xx25 level, price is likely to react at this level somewhat..

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Short trade entered on EJ...

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I'm watching EJ at the moment... seems that it's possible a pull back continuaiton is about to happen.

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Pulling back nicely...

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Trend filter is saying yes to start looking for long trades, just need a sufficient pull back and then a continuation signal. So not at the moment, no sufficient pull back has occured.

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Just checked the chart from overnight session for me, I can identify one possible trade which if traded would of been a loss trade, after that the trend filter would of prevented any further trading.

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Obtaining range bars is easy, just google search and you'll find the link to the mql service where you can obtain it. url

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Gann HiLo Activator showing similar results compared to the stochastics. Market really trending well now...

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That is enough trading for today. Moving my stop down on that EU trade cost me... however it pays to move the stop down in the direction of the trade.... although sometimes it will be of benefit other times it will not... Equity

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Yes it seems to be useful for entries, it is picking up trend continuation entries pretty well, I will do some visual testing using this indicator to see if I can incorporate it into trading plan. Any method that will help keep you out of the market ...

"Katana Trading Strategy"