Day Trading
Please remember that these settings worked for us, and may not be everyone's cup of tea. That's why you can adjust each setting to compliment your personal strategy.
These settings & parameters are only for the latest version of SimpleAlgo (V3)
Through a series of backtests we've found the following settings work well with regular day trading.
For regular day trading, we recommend trading on either the 5m, 15m or 30m time frame.
If you trade on a lower timeframe you'll receive more signals, and you will be in and out of your trades much quicker, for smaller profits.
If you trade on a higher time frame you'll receive less signals, and your trades will take longer, resulting in larger profits.
Sensitivity: 5
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