Using Counter Strike IQ As An Indicator Instead Of A Strategy

While Counter Strike IQ is a full-fledged trading system with entries and exits - it can still be used as an indicator.

The hallmark feature of Counter Strike IQ is its incredible entry signals. While exits are dynamically calculated as well to produce strong performances, Counter Strike IQ simply has a knack for “sniping” entries!

That said, not all entries can be correct, and the optimal way to use Counter Strike IQ as an indicator is to take a position in the direction of a stopped out trade

The image above exemplifies this strategy.​ ​ A short position was entered, stopped out, and a long position could have been entered for profit.​

This strategy works because all Counter Strike trades take place at an established support/resistance level. Counter Strike expects the level will break, forcing traders into losing positions and causing a breakout. However, if the support/resistance level holds, there’s an adequate chance price will reverse from the level. We can determine whether a support/resistance holds based on Counter Strike stopping out. If Counter Strike closes a position for a loss, the level will likely hold, and traders can look for an opportunity to bet in favor of the support/resistance level.​

This same strategy can be applied to when a resistance level holds - traders can enter a short position in favor of the level in expectation of a price reversal.​