Comments for https://ctrader.com/products/2074

The indicator only provides premium and discount zones; it does not automatically place entries. It was tested on an account for 3 months and is currently operational.

Regarding drawdown, it will depend on the chosen risk; in my case, the maximum is 2.5% weekly for a personal account.

According to my tests, it has a win rate of between 60-75% for XAUUSD (Gold) and 65% for indices.

I generally use an 8-candlestick, 16-hour timeframe (which translates to 8H or 16H per candle, depending on the setup) to identify premium/discount zones and to identify inefficiencies such as FVG (Fair Value Gaps).

If I am in the 0-25% zone for buys (long positions) or the 75-100% zone for sells (short positions), I check the next candlestick instance: 8 candlesticks of 4 hours. If I am in the 50% zone, I enter buys or sells depending on my bias, protecting the Stop Loss (SL) at the last swing formed and looking for a Take Profit (TP) at inefficiencies like FVG or at the highs or lows of the range, as well as using Fibonacci projections if I decide to enter swing trades.

You can check my X (Twitter) account, @vonwarwick1980, where I usually post entries using these indicators for easy consultation.