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If you do that, make sure you avoid correlated pairs. We see that every bottom is lower than the previous one and the lower Donchian band is decreasing with every further period.
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However, with possibility also comes higher risk.
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It cleans up the stochastic noise and leads the slow stochastic by a few bars without as many false signals.
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However, if you are going to be leaving trades open for only minutes or hours but making many more trades, the spreads become a more influential factor, and overnight financing may not be an issue at all.
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