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Originally Posted by schwager
Thanks KimIV!
trading: after a new daily high or low .....look for retracement 38 or 62.
76 or 24 ...in sideways market or strong trending market
(RSI (4) can help)
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hi,
this indicator does not shift once it creates the new levels each day?
I am not a programmer. It seems these levels are extremely accurate for determining high and low areas.
Will forward test to see for myself. I just can't believe what I'm seeing on my charts is actually tradeable!