DislikedQuick question guys on THV. If I am looking for a cross of the fast trix either over or under ( long or short) of the slow trix and then price to come either under or above the cloud - how many 5M candles will it take for the play to be invalid. For example if you look this morning at the Euro/USD at 17:30 on the 5M chart. The Fast Trix crossed below the slow trix, however the candle was not under the cloud and did not fall under the cloud until the 17:40 5M candle. Would that play still be valid even though I had to wait 10 min? Thx.Ignored
That's an interesting question and I am eager to hear the response. I was chatting with someone, I think it was Misspips, that said she will not take a divergence trade if the PA does not break the cloud within 3 candles. This was with regards to the 1 min chart...
I wonder if extending the bars of the trix in the chart and looking back would shed some light or if running though a simulator would help...
alternatively, we can just see if someone has already figured that out....
Let's see.
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