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- since80808 replied Oct 25, 2022
For example, now BiteFX, is it all right here to set such a big SL? (for buy - at the previous session low) I mean, do I set it right?
- since80808 replied Oct 25, 2022
Yes, please! 0.559 (0.441) - the pivot point, right? and, please 1.559, 2.559, 3.559 (1.441, 2.441, 3.441) - TPs for several parts of one trade, right? Thank you!
- since80808 replied Oct 24, 2022
so here we stay off the trade, right?
- since80808 replied Oct 24, 2022
Price is above 4000, pivot is above price -> we are in the buy scenario, but it's a buy stop - no? image image
- since80808 replied Oct 24, 2022
Excuse me, pivot line "lives" till the end of the current session or till the end of the current trend (above|beyond 4000) ?
- since80808 replied Oct 24, 2022
But in my example the current price is below the pivot price. So we use buy STOP or don't buy at all?
- since80808 replied Oct 24, 2022
Or let me ask do I understand your algo right: 1. Previous session largest candle in the largest impulse selected blue image 2. Pivot point of this candle is 1,651.72 image 3. This point is above 4000 at M1, so we have to buy from this point ...
- since80808 replied Oct 24, 2022
Hello BiteFX! First of all, let me thank you now - for all your work and sharing! I'm trying to follow your method, but I have several questions if you don't mind: 1. Do you calculate 1 pivot from the impulse candle or several? 2. Do you use pivot ...
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