Basically you are doing two things wrong currently.
The good news is that I can help you with both of them.
One is not getting the exit right.
You need to minimize human interaction to be successful. You may need to leave one side to be handled by the programs entirely.
The following is one of the most advanced piece of software I have.
This cropper has directional logic fitted derived from RSI8 projections and even monitors for the behavior of the Green River and Mr. Maroon. It adjusts the 30-min RSI8 cross-back-crop value based on the direction it figures, and only closes out positions that are in gains by at least 10 pips.
It was of course invented with EUR/USD being the test subject.
I would go into details of the code in my book, that may be as far as a year out from this point in time.
The second thing is the entry, the “Anchorage”. Sometimes I think of it as a lift call button: “we want to go down now” – they pressed the button.
It is basically a telltale sign of an initial buy/sell having taken place.
You compare 30-minute fractals on one side to find an RSI2 divergence (i.e. higher high with a lower RSI2 reading).
This condition sets the area beyond the divergence block to be the greatest entry area.
(The yellow and blue ribbon arrows are plots from the directional logic.)
The off white swing line down is the wave1 that comes from outside the Anchorage.
Would I write an automated trading routine based on the Anchorage? You bet I would.
Overall, I wanted to get your thinking to start down the path of “the condition projects the level” rather than trying to guess a line based on fancy.
“This was a clash…”