Hi
I was just wondering what the criteria is for a dot, I thought it was a close above or below the green line but I just had a bar that closed above the green line with no dot, the dot came a bar later.
Unfortunately by then price had broken the aims level, would have made a nice trade if the dot had appeared on the bar that closed above the green line. The bars I'm refering to are 11.28 and 11.29 Alpari time today.
Thanks
Mike
The Dot
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
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Re: The Dot
The Dot is NOT the close above/below green line. It is based on a derivative value. It is the Cross of Zero line of AO of the 3x lower time frame. That was the AIMS AO V3 which we do not display but only show its cross of Zero Line with the help of a dot. Coincidently it looks as if it is for close on green/red line. It further confirms that the three indicators and the Entry Alert are all in tune and thus they are all in tune with the structure of the market! IMHO
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
