How To Draw The Value Lines (Real Chart Example)

1 мая 2022 г.

Here you can see on a real chart how to draw the lines objectively and mechanically the correct way. I developed an indicator for metatrader which does all that for me automatically, but you don´ t need the indicator if you are trading above 5min timeframe (more free time to draw lines).

This example here is a nice one as you can see that when price went above value it gave the perfect opportunity to sell as the 4H heikin ashi was red.

To take this to the next level it would be advised to check in which cycle of the master pattern your HTF is. The ideal spot for entering a high probability trade is when the HTF have just went below value.