Quote:
Originally Posted by sachin_syd
Aurora Thanks
What I meant that you were using .45 once and then .15.
Another question: WHat if the signal appears when lag is already above or below 45 ? Also, in the picture I have attached, lag is heading down but still above 45 and we get buy signal. What to do here?
Thanks
Sachin
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I take long if blue-cross appears and lag above 0.45 heading upwards. If blue-cross appears before lag cross above 0.45, I will wait till it crosses. If you see the blue-cross appeared and lag is between 0.45 and 0.85, it's still save to open position, but I don't take position if it hits 0.85. This same applied to red-cross.
On some occasions, if there is a huge trend, 0.15/0.85 level still valid to open position, I confirm it with the 3EMA on my chart, because base on the lag indic, you won't know if it's safe to open position or not if it crossed 0.15/0.85. All these are my observations only, perhaps you have a better idea to share with me here..
As for your chart, I will wait till the lag heading up to open long position, it could be a fake long position if you open it at that moment.