Quoting Lou GDislikedHere is how the modified channel would have looked at 00:00 on Friday 11/24 going back 2 days. If this is okay to you I will go ahead and start making the changes to have the indicator usable for an EA. (see attachment, my browser won't let me cut/paste and I don't want to take time to fix it now).
[img]file:///C:/Downloads/eurusd.gif[/img]Ignored
But what happens when it doesnt? In this case a new channel must be drawn taking Thursday and Friday into account. I enclosed a Thursday & Friday channel as draw by SHI.
Say we draw Thursday only leaving Friday due to strong momentum, and monday comes, I wonder how will the EA calculate the position of the Friday's trade? Hmmm...
Do a channel that draws at least last 2 days minimum. What do you say?
Normaity will resume tommorow, I suppose. Damn Bird!!
Attached Image
Change Your Thinking. Change Your Life - JD