Here signals are based on the pivot high and pivot lows. Factors taken into account in understanding the breakout or breakdown are:
candle bar is not opening candle
must be near pivot high or low
Recommendation:
Use once candle closes else you might get trapped in certain cases so be careful
- volume
candle bar is not opening candle
must be near pivot high or low
Recommendation:
Use once candle closes else you might get trapped in certain cases so be careful
Notas de prensa:
added closing confirmation to avoid false breakdown breakouts
showing indicator for last 75 bars only
added closing confirmation to avoid false breakdown breakouts
showing indicator for last 75 bars only
Notas de prensa:
- Trailing stoploss
- New trend vs trend continuation based on pivot-point
- Entry point added
- Maximum profit point is also added
Notas de prensa:
added further explanation on the chart.