Let's say you exited all 4 lots and you have no position. Whenever you see a close with Blue bar and as long as the close is below aqua line +10 pips, enter long, no matter where the bar is. Even if the bar close is between red and orange ATR lines, if it is blue at close, enter long. If you see the blue bar appeared at close and above aqua line +10 pips, then NO entry. Our assumption is that blue bar shows a strong trend change, so NO NEED to wait until we have a close between green and aqua ATR lines. But if the close is above aqua + 10 pips, we assume we are late to catch the trend and we are not entering long.
Look at the yellow arrow on folllowing chart. The blue bar is between orange and red, so this is a buy signal, no need to wait until a close between green and aqua lines.
Therefore;
BUY when BAR COLOUR IS BLUE and CLOSE IS ANYWHERE BELOW AQUA ATR LINE +10 PIPS
Sorry for the confusion, we hope it is clear now.
Look at the yellow arrow on folllowing chart. The blue bar is between orange and red, so this is a buy signal, no need to wait until a close between green and aqua lines.
Therefore;
BUY when BAR COLOUR IS BLUE and CLOSE IS ANYWHERE BELOW AQUA ATR LINE +10 PIPS
Sorry for the confusion, we hope it is clear now.
DislikedIt's hard for me to understand these rules.
So you enter buy between yellow and aqua lines +10 pips anytime you see a last blue bar?
Can you write rules for BUYS separately, otherwise it's a very confusing above/below business.Ignored
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