perfect work thanks
So if I get so quick done I have to give more back!
The following is an explanation of %EBB exit method from Ral Lockhart.
Its a great thing and also useful for smaller timeframes(scalping).
%EBB shift 3 EXIT
take the bands indicator :
deviation: 2.618
Period : 13
early sign of reversal:
%R Williams settings:
13 periodes, lines 10%und 90%
first sign %WPR is above/below 10/90 and turn direction, or cross 10/90 lines.
Moving Average 3 Periodes: settings
Shifted 3 to the left
1) if 3 shift goe out the bollinger band sign of trending and second sign of overbought.
2) shift back into the bollinger band last sell sign
So you have an early warning signal %WPR and a confirmation sign of 3 shift/bollinger cross back.
sometimes the move is not strong enough to see the 3shift outside the bollinger bands then only use %Williams with candle confirmation (Market structure high and market structure low (high, higher high , lower high/ low, lower low, higher low)
So hope this is useful
lodol