DislikedI raise this question for Paulus on his entry criterion. Say in the attached picture where the red vertical line is, we see a HA change to red. The bar corresponding to this change is the 5th candle from where the top semaphore is. Is the signal still valid?
Is there a condition that says beyond a certain number of candles from the semaphore, signal in invalidated?
I would also be grateful if anyone else would like to comment.
Thanks in advance.Ignored
Yes the signal is valid it could be 20 bars after the semaphore..what matters is the change from white to red..
But on that red HA change we must of closed below the pivot to show it didnt hold
What we dont do is wait for semaphor then HA change then sit watching and waiting untill several bars later the pivot breaks..it has to break the pivot on the HA change of colour
Hope that helps
P