@jdva, @FiveRows, @benjun9, @bishopdotun...
There might be a bug and I'm looking into it now -- but I also have a comment about these premature closings you've all reported...
I've mentioned before the "magic sauce" is the ADR -- that is, an Envelope-type indicator with a midline and upper and lower bands offset 100% ADR from the midline. This is a reversal trading strategy -- we look for extreme prices. An extreme price would be one that pokes its nose above / below the upper or lower band. In other words, we are looking for an extreme price that breaks through the ADR.
But when you use PercentADR < 100% -- like 45% -- then even blips can break above / below one of the bands and cause an Entry signal. So, in a market where the price ranges then unremarkable prices might occasionally cause an Entry signal because the upper and lower bands are too close to the midline. If PercentADR is < 100% we are no longer trading-away from an extreme price -- instead we are trading away from "blips". Do you know what I mean?
There might be a bug and I'm looking into it now -- but I also have a comment about these premature closings you've all reported...
I've mentioned before the "magic sauce" is the ADR -- that is, an Envelope-type indicator with a midline and upper and lower bands offset 100% ADR from the midline. This is a reversal trading strategy -- we look for extreme prices. An extreme price would be one that pokes its nose above / below the upper or lower band. In other words, we are looking for an extreme price that breaks through the ADR.
But when you use PercentADR < 100% -- like 45% -- then even blips can break above / below one of the bands and cause an Entry signal. So, in a market where the price ranges then unremarkable prices might occasionally cause an Entry signal because the upper and lower bands are too close to the midline. If PercentADR is < 100% we are no longer trading-away from an extreme price -- instead we are trading away from "blips". Do you know what I mean?