DislikedI checked the candle length indicator but it's different on different tfs.Ignored
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Disliked{quote} your explanation leaves a lot to be desired. does not make sense. you show a DSP candle on the identifier and DSP candle on the chart as well. but there is supposed to be just one DSP candle. you say if both +ve and -ve are the same then the horizontal line is zero, but thats obviously gonna be zero. so what is your point ? in one of the above chart, i think the first one. step 2, you show the longest candle on the identifier as a bearish candle. yet on the chart you are taking the trade based on a bullish candle !! so what is going on ??...Ignored
Disliked{quote} your explanation leaves a lot to be desired. does not make sense. you show a DSP candle on the identifier and DSP candle on the chart as well. but there is supposed to be just one DSP candle. you say if both +ve and -ve are the same then the horizontal line is zero, but thats obviously gonna be zero. so what is your point ? in one of the above chart, i think the first one. step 2, you show the longest candle on the identifier as a bearish candle. yet on the chart you are taking the trade based on a bullish candle !! so what is going on ??...Ignored
Disliked{quote} Why is it confusing? For a 24hr period that changes every 15 mins the largest bull/bear is recorded on the indicator, +ve and -ve..., which number is furthest away from the zero line? Match that to the candle and the direction has been decided.. two numbers the same... no trade, as no direction. The largest bull/bear candle will remain there until its beaten by another one, or it drops out the back of the 24hr window in that case the largest bull/ bear within the current 24hr window will be the reference candle. My current NU has +158 and...Ignored
Disliked{quote} So if bears in charge, why we are looking a long trade instead of short?Ignored
Disliked{quote} So if bears in charge, why we are looking a long trade instead of short?Ignored
Disliked{quote} Looks as though your trade should have been a buy at the open of the short candle, not a short....seems to work opposite to normal thinking... so you would be pip positive..Ignored
Disliked{quote} I think he went short on the bull candle. The short candle wasn't there yet. One should have opened the short at the close of that bear candle. But when it closed it was the new DSP candle. So the question here is: to trade or not to trade. I say not. What do you think?Ignored