Disliked{quote} Nice post Asmodai, Thanks for sharing your experience and feedback with us. From my side I have some doubt and questions regarding the ASH that I would like to ask you to clarify (thanks in advance): 1. You are mentioning wavy ASH status but in my case I use a bar ASH indication that have only two colors (Red or Green), could you please share with us the Wavy ASH indicator that you use and the parameters. 2. Also you described 3 situations: Diverging, Flat or overextended and Converging ASH lines, if you can share with us some pics of those...Ignored
Now for some examples of ASH situations.
Diverging lines:
Flat or overextended:
Converging lines:
Keep in mind that alot of other things are taken into account on each trade, but we can clearly see a pattern here.
For those more interested in the wavy ash, just open a new chart with your template plus the wavy ash (if you dont have already), and drag some past trades to that chart and study it for a while, i'm sure you'll find value there.
Asmodai