Hello guys, i have a problem with MFE/MAE analysis. English isnīt my native language, so i will try to explain what i want to know:
I do daytraiding on 5min TF.
My exits are: Neither 2 reversal bars nor SL on S/R levels
Screenshot1:
If i do this analysis, do i need complete trading plan also with exits like on screenshot1? or to do this i only need entrys? Who knows please explain me it. Please try me what i ask on picture, and where is exactly MAE?
Screenshot2:
Another question is: if i have SL like on this screenshot2, where is MAE
Thanks ;-) hope you will understand me
I do daytraiding on 5min TF.
My exits are: Neither 2 reversal bars nor SL on S/R levels
Screenshot1:
If i do this analysis, do i need complete trading plan also with exits like on screenshot1? or to do this i only need entrys? Who knows please explain me it. Please try me what i ask on picture, and where is exactly MAE?
Screenshot2:
Another question is: if i have SL like on this screenshot2, where is MAE
Thanks ;-) hope you will understand me