please can you explain
for the monthly bar
when how is it reset ?
every new week ?
thanks
for the monthly bar
when how is it reset ?
every new week ?
thanks
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DislikedCheck out this mofo...
Definitions:
Swing high - candle high with set of candles either side with lower highs
Swing low - candle low with set of candles either side with higher lows
Indy Logic:
Search candles on all timeframes to find swing hilo's. Indy draws a channel based on recent hilo's. Purple = Monthly, Blue = Weekly, Orange = Daily, Brown = 4hr.
Screenshot:
http://i.imgur.com/wjNbS.gif
Notice how all fibs are red, so we know areas that need to be breached...Ignored