Hi,
I wonder whether there is a cut of time limit between a dot alert, and then price breaking the aims levels. For example on the 1hr/4hr, a dot alert is made, assuming all other parameters are met, but then the breaking candle of aims is 4-6 candles later. Does the initial dot alert become invalid, and if so what is the cut off point?
Many thanks,
Dot alerts and validity of dots
- Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
- 14
Re: Dot alerts and validity of dots
HI,
There is no cut off time as such. However the length and age of the AO after the cross of 0 line must be taken into account.
If AO still looks ok then take the trade if it looks old then i'd pass and wait for a fresh set up
hope this helps
Grant
There is no cut off time as such. However the length and age of the AO after the cross of 0 line must be taken into account.
If AO still looks ok then take the trade if it looks old then i'd pass and wait for a fresh set up
hope this helps
Grant
success = patience + discipline - greed
- flugzeug
- Free Member
- Posts: 25
- Joined: 12 Dec 2011, 14:37
- 13
- flugzeug
- Free Member
- Posts: 25
- Joined: 12 Dec 2011, 14:37
- 13