Thank you for sharing this system, Nesta!
I have few questions/suggestions - StrengthNesta-Meter buy and sell signals are very confusing. I received few alerts few mts ago for gj, gch, gn, cj, aj, cch, ach, an, zc. In the strength meter except nc(which is red downward bar), rest show green bars(I in fig). I assumed green was going long and red was shorting the pair. But this conflicted with Entry, TP1, TP2 and SL levels(II).
Also in chart the TP 1(161.8 - 1.23921 , S/R line, break out levels in red or green(come from fib levels- III) totally is opposite to Entry, TP1, TP2 and SL levels displayed.
For eg. GCh
ENTRY LEVEL - 1.2318
ENTRY LEVEL 2 - 1.2382
TP1 - 1.2254
TP2 - 1.2190
SL - 1.2446
Could you please tell whether Strength meter should be used? If yes, is it wrong to assume green is long and red is short?
I will look forward to your response.
Thanking you in Advance
ski
I have few questions/suggestions - StrengthNesta-Meter buy and sell signals are very confusing. I received few alerts few mts ago for gj, gch, gn, cj, aj, cch, ach, an, zc. In the strength meter except nc(which is red downward bar), rest show green bars(I in fig). I assumed green was going long and red was shorting the pair. But this conflicted with Entry, TP1, TP2 and SL levels(II).
Also in chart the TP 1(161.8 - 1.23921 , S/R line, break out levels in red or green(come from fib levels- III) totally is opposite to Entry, TP1, TP2 and SL levels displayed.
For eg. GCh
ENTRY LEVEL - 1.2318
ENTRY LEVEL 2 - 1.2382
TP1 - 1.2254
TP2 - 1.2190
SL - 1.2446
Could you please tell whether Strength meter should be used? If yes, is it wrong to assume green is long and red is short?
I will look forward to your response.
Thanking you in Advance
ski