Sensitivity
Last updated
Last updated
π Sensitivity Basics: Think of sensitivity like adjusting a volume knob. It helps you control the signals the indicator shows on your charts.
π Timeframe Matters: For shorter timeframes, use higher sensitivity. On longer timeframes, opt for lower sensitivity.
π More Signals, More Noise: Lower sensitivity means more buy and sell signals. But remember, this might also include some false signals that aren't accurate.
π― Less Signals, More Accuracy: Higher sensitivity results in fewer signals. This is great for catching long trends, but there's a chance you might miss out on some signals too.
𧩠Finding Your Sweet Spot: Your task is to find the right sensitivity level. Adjust the sensitivity and see how it affects your chart. This way, you can figure out what works best for your trading style.
π Consistency Pays Off: Once you discover your ideal sensitivity, make a note of it. Write down the timeframe, symbol, and sensitivity setting. This way, you can achieve reliable results over the long run.
Heikin-Ashi Candles:
1M - 5M
2.5 - 4.5
15M - 1HR
1.8 - 3.0
4HR - and higher
1.5 - 2.5
Normal Candles:
1M-5M
3.0 - 4.5
15M-1HR
2.6 - 4.0
4HR - and higher
1.8 - 3.5
Regular candles work better with a higher sensitivity setting.
Remember, sensitivity is your tool to fine-tune your trading strategy. Experiment with it and make it work in your favor!
π¦ Using Signals Wisely: Think of Buy and Sell Signals as trend confirmations, not exact entry or exit points. To strengthen your strategy, add more confirmation from the Million Moves Algo, like the Trend Ribbon, CleanScalper candle colors, or the Chaos Trendline. Don't stress over finding the perfect signal settings; focus on using our tools in harmony for the best outcome.