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In the attached, should we wait for the candle to close completely above/below the floating pivot line indicated by the red arrow? Or can we have the candle step hanging over it?
In the attached, should we wait for the candle to close completely above/below the floating pivot line indicated by the red arrow? Or can we have the candle step hanging over it?
i don't use floating pivot again,
i change it with 2 Smoothed Moving average.... Weighted close price
and croos of 2 smma with TEAL LINE is the trigger to ENTRY
Is my chart interpretation correct? We should also wait for the candle to close, and the entry would actually be the next candle than what the arrows point to.....
I see your using two moving averages, red and blue on your chart. What are the settings for both of the moving averages?
Thanks in advance,
TimeFreedom
Quote:
Originally Posted by et_phonehome_2
stevenali
Is my chart interpretation correct? We should also wait for the candle to close, and the entry would actually be the next candle than what the arrows point to.....
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