Closing price volume exit observation label

Last 3 day off prove quite useful for me. I utilise these days to backtest few of Ideas going in my mind regarding exit strategy.

I selected few indicator which is combination of price and volume.  These indicators are MFI, ACC-DIST, OBV, MOMENTUM and combination of there. Among these indicators tested standalone on my past trade, the worst result given by OBV, the second good result given my ACC-DIST divergence and MFI divergence. Best result I got from MOMENTUM indicator.

But after doing all this I was not satisfied to include in my trading yet. Because it increases trading jargon in my daily day trading. In day trading one has to be quick in making decision and when the criteria are this, what trader need is the simplicity.

Then I test exit based on raw data of price and volume means simple chart representing price volume data. And it came out most profitable and yet dead simple.

Now I will include this exit in my trading system and remove candlesticks Patten from the chart which you usually see colour up and down arrow on my charts up to yesterday post. Because till that, I used it for placing initial and trailing stop loss. And my exit was based on only price action.

With this, I am closing price volume exit label.