DislikedThanks SW....I am looking forward to putting this on my chart and seeing how it is helpful.
WOW damonl you sure have an eye for the charts!!! This new AO trade is very cool!
I do have a question though. . . the directive for this trade is too use standard SL and TP and to take this trade regardless of current direction of trend, if I am not mistaken. So, I am wondering. . . if the current trend is long and the AODT says go short (sell) - are we to exit on a reversal signal still? What if this reversal (short -sell) agrees with the trade we have placed? (short- sell) . . .or should we wait until a disagreeing reversal signal (long).
I am not trying to be contrary, just trying to learn your thought process.