▲ 1 r/Daytrading
I see comments or talks about people suggesting to switch between two strong strategies depending on the market regime. And I have noticed in Backtesting that some of my trend strategies perform horribly in some months, and beautifully in others. Same goes for my mean reversion strategy.
I enjoy the 1 min chart and focus my sessions on 8-11am.
My question: Is it possible, before I start at 8am, to look at the charts and say, “Ok, today I’m mean reverting,” or “Today I’m only looking at trend opportunities.”
I’m aware of looking at HTF and seeing uptrends and downtrends. I’m more so wondering if there’s an indicator, or something I’m missing about candle structure that could reveal what my session is likely to do?
u/DominicFerri — 13 days ago