Hey guys I am pretty decent now at execution and strategy part, but when it comes to bias I'm not at all at good in deciding bias, please help me to how can I get an accurate and high probability bias so that I can build that foundation of narrative follows in strategic execution at LTF
I build an indicator The Intrabar Average Speed indicator this indicator quantifies market momentum by calculating the average net point movement of 1-minute sub-candles within any higher timeframe. I made it specially to filter out liquidity sweep setups like we all know if liquidity sweep is genuine the market should give a violent, fast reaction with this we can quantity market momentum now you guys say how it is, waiting for reviews of you all. IF YOU ALL FIND IT USEFUL I WILL GIVE THE SOURCE CODE AS WELL
Here we can see 4464.416 was clear liquidity level, price swept it, get rejected with a long wick and on 1m timeframe also gave ChOCh then entering on FVG retracement but then too price swept our stoplosses which was real liquidity can anyone help me out in this, how to spot these fakeouts. This is an example of our classic, HTF liquidity sweep + LTF BOS + LTF FVG retracement