Hi,
What should we look to judge that the alligator on M5 is open, the shifted line or the current line where current price is still running? Because there are many times when the alligator is sleeping if we judge it from the current price candle but it's opened if we judge it by the shifted alligator to the right.
Which one should we see?
Thanks
Definition of OPEN. The shifted or the current line?
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- snorm
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Re: Definition of OPEN. The shifted or the current line?
Kisruhkisruh wrote:Hi,
What should we look to judge that the alligator on M5 is open, the shifted line or the current line where current price is still running? Because there are many times when the alligator is sleeping if we judge it from the current price candle but it's opened if we judge it by the shifted alligator to the right.
Which one should we see?
Thanks
The AIMS Stress Free Trading - The Setup eBook (a very good book and well worth a read) states ...
MULTI DIMENSIONS OF ALLIGATOR LINES
Note that the lines are shifted in to future - that is why we have two dimensions of the Alligator. One dimension is the lines relative to where the current price bar is; another is the end of the lines. To find out if the mouth is open or closed you would look at the ends of the Alligator lines. Whereas to find out if price closed above/below Green or Red Line, you would look at the position of the lines relative to the current price bar close.
cheers
Steve
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Re: Definition of OPEN. The shifted or the current line?
Huh? Why did I miss that part? My bad ... Have to reread it again then.snorm wrote:
The AIMS Stress Free Trading - The Setup eBook (a very good book and well worth a read) states ...
MULTI DIMENSIONS OF ALLIGATOR LINES
Note that the lines are shifted in to future - that is why we have two dimensions of the Alligator. One dimension is the lines relative to where the current price bar is; another is the end of the lines. To find out if the mouth is open or closed you would look at the ends of the Alligator lines. Whereas to find out if price closed above/below Green or Red Line, you would look at the position of the lines relative to the current price bar close.
cheers
Steve
Thanks, Steve