DislikedExample: my 20,3,3 is now at 55.xx - targeting 1.0577 as 100%
Do I have to wait until today's close (thus adjusting the fib on NEXT candle) or can it be done "on the go" ?Ignored
unless the Friday 20,3,3 is above 50 already (if this is the case, you should be using Friday's high for 50 level fib instead)
we need to wait until today's close because we need today's high in order to be placed on the fib 50, are we sure we have achieved today's high?
and also if the price suddenly drops to some certain points today, it may drag today's 20,3,3 stoch line to bellow 50
QuoteDislikedWhat a mess, lol (j/k --- it's amazing! even with a buffer...)
I have also noticed that the candle aligned with the stoch cross is often a doji (checked about 7 pairs over the w/e).
I know Mama, it's a total mess.
Sometimes I think why bother doing such calculations thus give us results of more than 2 probabilities.
While the real common probabilities are only 2
Probability 1 : UP
Probability 2 : DOWN