Disliked{quote} So that means we are late to the party? If the neckline ist already broken before the indicator shows up, we cant put in any limit orders in advance, correct?Ignored
I was able to do this because the signal comes in the moment when the neckline is touched. Most of the time the move does not go directly through the neckline without retracing. So sometimes you can even enter at a better price e.g. 1 minute after the signal.
But if the price already moved beyond the neckline before you can check the chart then you can still wait for a pullback to enter. Pullbacks occur often. Therefore i usually enter a second time at a better price (screenshot above -> my limit order above the neckline)