Hi All ,
Another function of Chikou is to calculate the target profit.
the above line is the highest price = 1.4008.
the crossing line is = 1.3934
the difference: 1.4008-1.3934 = 74 pips
the estimed target is 1.3934 -0.0074 =1.3860
the line below is target profit .
Another function of Chikou is to calculate the target profit.
the above line is the highest price = 1.4008.
the crossing line is = 1.3934
the difference: 1.4008-1.3934 = 74 pips
the estimed target is 1.3934 -0.0074 =1.3860
the line below is target profit .
KISS&V :Keep it simple safe & visual