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or maybe..................
Maybe you do not have the original DoublecciWoody in your Custom Indicator list??
Let us know, plse.
__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. |
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thanks ssotiro and ValeoFX
I didn't realize the MTF required the other indicator; that's happened before with other indicators I've tried, I'll have to see if I can find them and look for the 'child' -- or is it 'parent' indicator and get them working |
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Confirmation on Entry
Just wondering if someone can confirm that this is an incorrect entry because the 2nd bar is opposite of the current trend. Does the open on the entry bar have to be less than the close of the previous bar? Or if it opened higher would you sell after it was lower than the close of the previous bar? Is everything else okay for an entry? I'm also wondering what the significance of the blue arrow is on the current bar?
Thanks |
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After some more thought I think I may have answered my own question. The blue arrow seems to only be on the current bar. Still haven't figured out exactly why yet.
In the previous post, it seems that price couldn't make it through the EMA100, and bounced off. |
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Tredd..........
I cannot see the Blue Arrow you are referring to??
Secondly, the 100-EMA is the DIRECTION. So in this instance, one can expect the price to either bounce off the 100-ema just to come back at it the second time OR the price can retrace in its entirety. I usually wait for the 100-ema to be broken in such a situation. Everything else seems in order other than the Stochastic which is still LONG???? Note the red Arrow on the Sto?? When that candle spiked down, the Sto crossed short briefly and the Arrow was anchored. That is why I suggest we wait for the close of the current candle and in this instance the Sto remianed LONG. No entry therefore. The only other question I still have is for how long was this TF running, please? According to my XO-setup, the signal was not short yet. If you had openend this chart say yesterday, you may have the incorrect signals regarding the XO. Please let me know. Best wishes.
__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett. "Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki. Last edited by ValeoFX; 12-11-2007 at 02:24 PM. Reason: Syntax |
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ValeoFX - Regarding your comment above, if my PC power goes down approximately how long must I wait before my XO family indicators show correctly.
Best regards, Joe SDF
__________________
A Trader's greatest enemy is boredom. |
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