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DislikedCould you have taken the previous candle since it looks like it closed above the aqua line? Are you still in with 3 positions? Where is your 1st TP.
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QuoteDisliked"You said SL for the three opened LONG positions is a candle closing below Yellow ATR line. And you also said we should open three SHORT positions when a candle closes between ATR Lime centre line and ATR Yellow line."
QuoteDisliked"Regarding recent LONG position form 234.85, let's say we have a close between centre lime line and yellow line with a red candle and previous candle is red or aqua. In this case, SL for the long position will be between centre lime line and yellow line since we are going to close our long position and open short.
Therefore, in practice, can we say SL is not ALWAYS below yellow line (for longs) or above aqua line (for shorts) depending on the colours of StepChoppy candles?"
DislikedThis is right.
This is right. However, I dont consider this as a SL for the long position. If you read the logics: "In the case a candle is painted Red, Tomato, Orange or Yellow during any time of the process, all positions should be closed." So long positions are closed because of what previous rule says, not because SL was reached.Ignored
DislikedI did not go long because my alpari chart shows the last three candles as dodger blue.Ignored