Hi MATH...from what i understand ( I may be wrong ) it is swing trade method using the previous 2nd, 3rd, 4th or 5th candle before the current candle
1) Use the OX indicator ( follow his instructions on how to use it...very simple) to draw levels from the 2nd, 3rd, 4th, etc candle
2) The levels on the OX indicator is derived from his previous calculations
3) From what I have seen and understood price will try and break each level but to reach each level it must have momentum...A good thrust from either a high volume bull or bear candle to break a level which will indicate that price wants to go on to test the next level if it stuck consolidating above or below a level price will reverse
make of that what you will...I have my own method of doing things but I like interesting methods on trading, I try a few on demo account this is one of the few that has some very long legs...if we can untangle orb's method and excel sheets
1) Use the OX indicator ( follow his instructions on how to use it...very simple) to draw levels from the 2nd, 3rd, 4th, etc candle
2) The levels on the OX indicator is derived from his previous calculations
3) From what I have seen and understood price will try and break each level but to reach each level it must have momentum...A good thrust from either a high volume bull or bear candle to break a level which will indicate that price wants to go on to test the next level if it stuck consolidating above or below a level price will reverse
make of that what you will...I have my own method of doing things but I like interesting methods on trading, I try a few on demo account this is one of the few that has some very long legs...if we can untangle orb's method and excel sheets
Peace & Pips