On M5 I require minimum displacement before a BOS counts: a break that closes beyond structure with intent, not a one-pip courtesy breach that looks important if you want it to. Retest entry waits for price to return and hold. If the retest slices through, there was no BOS worth trading — there was noise.
M1 can fine-tune the click, but the BOS validity lives on M5 for me. That keeps me from overfitting micro-structure that only exists when you zoom until everything looks like a signal. I also refuse BOS ideas into the minute of a relevant release; structure after the spike is a different conversation.
Displacement is judged relatively — what is enough on EURUSD differs from gold — but the principle stays.
- How do you quantify displacement on M5?
- Retest mandatory, or break-and-go allowed?