And still can't understand,
how H can be the same for different TF
how H can be the same for different TF
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DislikedAnd still can't understand, how H can be the same for different TFIgnored
Disliked{quote} Why not? It's just a filter. Timeframe 1H h=8 You're saying for every 8 hours check to see if price has returned here or not. If not display box Switch to 15M For ever 8 x 15M (or 2 hours) check to see if price has returned here or not. If not display box etc..... Nothing wrong with that. The question is.... how/what does it mean for you? Does it fit with how you trade?Ignored
DislikedH is nothing but the number of bars at the left and right. If the H is set as 8, then when the price is at a new level which it didn't visit within those left 8 bars, then potential TZ appears and if the price again didn't revisit that price for the next 8 bars (right), then that will price or zone will become completed transient zone. You are looking for a potential TZ and then taking the trade assuming that the price is not going to revisit that price within the next 8 bars. setting H is upto you. You can set any number as you wish.Ignored
DislikedH is nothing but the number of bars at the left and right. If the H is set as 8, then when the price is at a new level which it didn't visit within those left 8 bars, then potential TZ appears and if the price again didn't revisit that price for the next 8 bars (right), then that will price or zone will become completed transient zone. You are looking for a potential TZ and then taking the trade assuming that the price is not going to revisit that price within the next 8 bars. setting H is upto you. You can set any number as you wish.Ignored
DislikedThis is looking interesting. Potential MTZ, almost there. {image}Ignored
DislikedH is nothing but the number of bars at the left and right. If the H is set as 8, then when the price is at a new level which it didn't visit within those left 8 bars, then potential TZ appears and if the price again didn't revisit that price for the next 8 bars (right), then that will price or zone will become completed transient zone. You are looking for a potential TZ and then taking the trade assuming that the price is not going to revisit that price within the next 8 bars. setting H is upto you. You can set any number as you wish.Ignored
DislikedThis is looking interesting. Potential MTZ, almost there. {image}Ignored
DislikedGood morning friends. @Success is a few simple disciplines, practiced everyday; While failure is simply a few errors in judgement, repeated everyday- Jim Rohn.Ignored
Disliked{quote} need to look how it will react to london open better to move SL to BE.Ignored