Thread: "Tornillo" system: Range + Volume + Patience

Any plan to share the indicator that draws the ranges automatically? It would be interesting for those who don�t want to trace everything manually.

I'm still polishing it, but I'll soon be sharing a basic version. The calculation is based on detecting consolidation zones with low volatility and high number of candles within 1% of range.

Today was an ugly day. Three setups, two were invalidated before entering and one was activated but played the SL. Still, I remain positive this week. The important thing is not to win always, but to lose little.

I've been combining this system with RSI divergences to tune in. It's not part of the original system, but it helps to have more confidence in rejections.

Last comment for today: if you are looking for a system to become rich in two weeks, this is not the thread. But if you are tired of the noise and you are looking for structure and control, welcome to the Screw. Here we turn slow, but firm.

One of the big mistakes that I see in most traders that try to systems based on ranges or breaks is that they do not understand the structure of the market. Using a system like �Tornillo� is not simply to expect the price to touch a resistance and sell, or a support zone and buy. It is to understand why the price arrived there, what volume pushed it, if there is institutional interest in maintaining that level, and if the rejection is real or just a temporary pause. When these factors add up, it is when there is a high probability input. Another fundamental aspect is the emotional management. This system can spend days without giving a clear signal, and that it frustrates those who are used to operate by impulse or emotion. Patience is not a recommendation, it is a rule. If you do not know how to expect, you will lose money by entering in mediocre setups. The market rewards that you know how to say �not today� as well as the one who knows how to say �yes, now�. As far as to the volume, I understand the debate about its use in forex.

Thanks for this piece of explanation, he opened my head, really.

And what do you do when the price breaks with high volume but no backsliding?

Very useful approach of the SL. Almost no one explains it this way.

Good contribution, but I still don't trust the volume of ticks. It's like reading a book with blank leaves.