[walterw]

Ant... I think you are not really understanding the overrall Idea... as I stated on the first posts this technical aproach can be done on the speed universe you feel confortable... it can be 22T or 220T... doesnt matter, when I refer to M its all off them M and W... if you watch slowly at the M pattern formation excel spreadsheet you will notice that when the price "crosses" the triggers ("1rst intention") at a key level ( in this case Outerbands / midbands) you can use MP levels, pivots, fibbonaccis etc... when we pullback to this triggers, we got an RRR oportunity.... it may work, it may fail... BUT you got a RRR about 1:5 most of the times... so if you get 50% of the time cooked... you still make money thanks to the RRR that this entry provides... one more thing you pointed out on trending conditions is that you dont want to trade a refresh trade from the outerbands when market is trending... you must clearly detect signs of a cycling market to take a refresh trade... Refresh trades are countertrend so you dont want to take them on trending conditions...
About noise: it took me 2 years to understand the fact that when you decompress data and use decompressed data for your entry and then you trail your exit with compressed data you got a tickett to an excelent RRR..
My entry vs my stop is in 22T.... but my entry vs my exit is in 110T ... that makes a great difference on RRR... believe me... lets say you are confortable with a 30min chart ok.... make your enrty on a 5min chart and trail it on a 30min... and see what RRR you got...
let me share an example derived from a fixed level... and let me see if I can make it more clear... thanks for interacting... makes possible to enter on the details that a monologue cant make...