Sorry i'm confused again
Quoted from your rule:
What is stopped out? What condition could trigger stopped out, for example in buy position?
Thanks for explaining!
Quoted from your rule:
QuoteDisliked2.) If you get stopped out you then reverse the trade. If you are long and get stopped out you enter short when you get stopped out. So not only do you have your stop in the market but you also have your order to change the direction of the trade should you get stopped out. Only put a trade to go the other direction in the market after a proper reversal bar closes.
What is stopped out? What condition could trigger stopped out, for example in buy position?
Thanks for explaining!