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Originally Posted by cja
This is just a thought, Dolly has those days when it opens in the BUY/SELL areas and common thoughts are that is a non trading situation.
Check out the 2 screenshots they are exactly the same time and timeframe
The 1st picture is Dolly in the standard setup based on the Daily CENTRAL PIVOT
The 2nd picture is Dolly altered to be based on the DAILY OPEN
Do you think it worthwhile to have the indicator so it can swap between being setup on the PIVOT or OPEN ???? to catch trades on days like today. Or should Dolly be based on the Daily OPEN so then any day would be a trading day?????
Just thinking out loud - what do you think, perhaps start another thread based on this trading idea/setup???
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A briliant idea from you, cjia
But somehow, I just think if Dolly based on the DAILY OPEN will not be as accurate as it based on DAILY CENTRAL PIVOT.
In my mind, I will like to leave as it be for further forward test.
But I will leave up to the majority, if they want, they can do the forward test for the DAILY OPEN Dolly as well.
(DAILY OPEN Dolly will be different with WSS ver9.4)
Deep in my heart, I really appreciate all your work, cjia and I will try to help you as I can
