I FIND THE BEST LINES ARE BOSUNS WEEKLY BOSUNS MONTHLY AND THE SQUARE 48 I ONLY USE BASIC THESE 3
SO I THINK THAT THEY ARE EXTREMLY ACCURATE FOR ME
for using them as limit orders and pos average of i repeat
is all ive everneeded
but we all trade different these 3 and the trend is all i need
but for scalping yes i can see why you need accurate support and resistance other lines
i think if the script could just put these 3 in i would be more than happy
from brian
SO I THINK THAT THEY ARE EXTREMLY ACCURATE FOR ME
for using them as limit orders and pos average of i repeat
is all ive everneeded
but we all trade different these 3 and the trend is all i need
but for scalping yes i can see why you need accurate support and resistance other lines
i think if the script could just put these 3 in i would be more than happy
from brian
DislikedHi Paul
I like the ADR, gives an extra dimension to setting the limit orders particularly if the jpy can be set to work on the 2 digit broker.
As brian says, the bosuns line acts like a magnet with the price returning usually a couple of times each week. Im wondering whether there is any mileage in keeping the bosuns line as the target from R1,S1 but have variable support resistance lines based on the ADR set daily with R2 having a take profit at R1 etc.
Then as you mention reset the limit orders, perhaps before euro opening.
Im probably barking...Ignored