3 minutes isn't too short for trading, so how many trades do you do during a day and have you been doing it for months, does it work?
we will happy if you share another about your journey
Almost everyone is saying that 3 minutes is not a good time frame for trading. Sometimes you may get 1-2 trades a day, and some times you won't get a single trade in many days. If the strategy is based on 3 minutes candles that doesn't make it unreliable. The focus should be on parameters of the indicators, and unfortunately very few people understand those well.
I modified the parameters of the indicators many times during making of the strategy, and when I found the working parameters than I stick with those. During the tweaking process I have had some losses, but once tweaked to best levels I recovered all my losses, and gained enough profit from my trades.
I can definitely say that the market always requires a different approach and using a "universal" strategy will not work. When I started working in this industry, I practiced various strategies on the demo account of AMarkets broker.
I haven't claimed that the strategy will work every time, but I have said that it will work most of the time, and I will stick with my words. I will share some trades using this strategy just to prove that it's still working on 3 minute charts. As a bonus I will apply this strategy on an altcoin to check if it works on them or not. I haven't done any trading on demo accounts, but that might be a good option for those who do not want to risk their money.
Note* OP i will try to use this strategy in backtesting trading or in demo accounts and i will try to share my results (not a promise but it really excites me to try new things). and thanks for sharing your experience).
Thanks for your kind words my friend. It will be really nice of you to try the strategy and share the results. However, if you can't share it then no problem at all. You're most welcome. I hope you can understand that it requires a lot of time and effort to make a working strategy for yourself. In the process you might lose so many trades before reaching to the working parameters.
Sharing that strategy is also a difficult decision because if something is working for you, and you're profiting from it, why would you want to share it with someone else? But, my main intention behind sharing of the strategy was to give something from my side to this forum. I have learnt a lot from this forum, and because of that knowledge my financial condition became better. Thanks a lot to you and everyone else who liked the strategy, I will soon share some of my personal trades using this strategy.
