Nothing wrong was there with my entry every thing was right all conditions are met perfectly but Badluck My first SL hit after my last 20-winning trades....
Bad day and trade was there today...
Bad day and trade was there today...
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DislikedHi Umair!
One qustion about ATR on RSI indicator is irritating me.
If the price is advancing down, we should see with higher volatility ATR going up and RSI going down, so there will happen to be a crossover.
In contrary, if th price is advancing up, the ATR and the RSI are both going up and there will not be a crossover neccessarily.
Maybe this is a very silly qauestion, can you clearify it a bit.
Best regards
walb99Ignored
DislikedIt is strange but it seems that MT4 is lying about crosses ATR and RSI.
If I use zoom +1 I see the same cross as on Umairs chart.
I I use no zoom which is standart setting MT4 I see a few more crosses.
Compare the charts bellow. The red vertical line is on the same candle. First picture is with no zoom and second one is with zoom +1. Strange.
Which means for me: USE ZOOM +1 TO LOOK IT AS UMAIRS CHARTS.Ignored
DislikedHi Umair,
as I understood before ATR is a masure for volatility of price, but I think this is wrong and the ATR on the RSI is a masure of the volatility of RSI?
You said, it makes a big difference what you put first. If this really makes a differnce than the ATR as a second indicator masures the volatility of RSI, I guess.
Best regards
walb99Ignored