Support Board
Date/Time: Wed, 05 Feb 2025 13:01:45 +0000
Post From: ALERT HELP: buy / sell arrows with accompanying email + audible alert
[2020-03-01 21:11:00] |
User80732 - Posts: 26 |
RE: I can do the study for you, I just don't understand this: "so long as they (the consecutive red bars) each close at or above the red MA." ====================================== For a Buy Setup: If one of the corrective red bars closes below the red MA then the setup is invalid. Does that help clarify?? For example here are some visuals with annotations: Valid Setup: https://prnt.sc/r9xuwi Invalid Setup: https://prnt.sc/r9xtcy Example of valid and invalid setups: https://prnt.sc/r9zzt6 https://prnt.sc/ra02h3 Perhaps the conditions for the setup could be outlined more simply: 1- MAs all need to be in proper order 2- Minimum 3 consecutive candle correction 3- None of the corrective candles can have a close above red MA (when selling) or below red MA (when buying) 4- Entry signal is the first green/red bar after correction. I hope that helps. Thank you in advance! |