I hope all book readers have incorporated Multiple Time Frame Momentum setups as part of their trading plan. I describe in the book how you can use almost any price oscillators for this critical trade filter. I’ve been doing some more short term trading the past few weeks since I am settled for the summer-fall season before I leave for warmer climates this winter.
I continue to be amazed at how well the Dual (and triple)-Time-Frame-Momentum setups alert me to high probability trades and, just as important, keep me out of less optimal trades when I get excited about a pattern or price position for the Dual-Time-Frame-Momentum is not setup.
In DT, once I’ve identified the 60m momentum position, I just set the 15m minute DTosc reversal alert to send me a text message and go about my business until I get the alert that the setup is complete. Then I can take a quick look at the chart to verify the position of set the buy/sell stop for the trade.
Don’t fail to incorporate this power strategy with any market and any time frame. Your results should improve dramatically.