DislikedLong: Green DT_ZZ > red arrow > green arrow pull the trigger
Short: Red DT_ZZ > green arrow > red arrow pull the trigger
Stop = 200% of ATR (15) + spread
Exit = 1.5 x Stop
Pairs = Spread < 2
This is a new system to demo trade. Please do not trade on a live account until satisfied with the results.Ignored
Thanks a lot for this system. Looks promising at first glance. I have a couple questions if you don't mind...
If you get a Red DT_ZZ, followed by a green arrow, followed by another green arrow, followed by a red arrow 10 candles later... Is that legit? Is the most recent DT_ZZ color legitimate until you get an opposite colored DT_ZZ color, or is it only valid for a certain # of candles?
What if you get a Red DT_ZZ and a green arrow on the same candle? Can you use those as a Red DT_ZZ > Green Arrow, or do they have to be on separate candles for a valid setup?
How about a Red DT_ZZ, 2 red arrows, 1 green arrow and then a red arrow(signal)?
I suppose i'm just looking for clarification on the amount of candles the trigger patterns can be spread across for the signal to be legitimate. And also a little clarification on whether the pattern has to be exact or what.
Thanks in advance.
Is this a valid Long signal?
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