Qui on your MT4 chart you should be seeing current bid and current ask lines moving with the price action..if B/A is even with the SimpleSticks I take no trade...I am looking for ..on a bullish move..the BA lines to run ahead of the sticks...the sticks will lag behind those lines on moves up..or moves down.On a move up I wait for momentum to start cooling and thats seen when the sticks no longer are behind but have caught up to the quote lines.At this point I look for quote lines to start to fall back into the sticks at which point I may open a short...on my chart I have several MAs such as 20..50..100..200 and 400..if I see the quote lines hit 100 for example and 100 is showing consistant resistance earlier I may enter the short there without waiting for sticks to catch up with the quotes. Like everything else experience and close observation teaches one what to expect.Most of my scalps are on M5 and also most of my scalps are contrarian..on a move up I look for a short..on a move down..I look for a long.I simply wait for the contrarian trade to set up.These scalps are intraday short term trends and the longer TF trends I leave to the hotshots driving the market(LOL) IMO these SimpleSticks take out the confusion caused by candlesticks..with candles one cannot be sure of any move...a huge green candle may signal a much greater move to come one time but next time it may be followed by a huge red candle and you would be in trouble thinking its off to the moon because of the big green candle you just saw causing you to go long on what you "think" should happen but instead the opposite happens!I have seen many times when a huge candle in one direction actually started price action AGAINST the original move.Happens all the time on news releases if you think about it..the original move is opposite the trend in reverse that develops.Not always the case but it happens a lot.With the SimpleSticks you have no such confusing data because of the myriad combinations of candle lengths etc.Notice also that they are much like Heikin Ashi..and clearly shows an intraday trend in progress.I consider them a good tech tool so they should work just as well on longer TFs but being a scalper I trade where the rubber meets the road..I even use them some on M1
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