Kill ego, Grow EQUITY...Grow EQUITY
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DislikedOr 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 with TP an SL from the previous session's high and low {image} Everything right? Thanks in advanceIgnored
Disliked{quote} We have to buy if it is a limit order, that is price is above it after your calculation.Ignored
Disliked{quote} We have to buy if it is a limit order, that is price is above it after your calculation.Ignored
Disliked{quote} We have to buy if it is a limit order, that is price is above it after your calculation.Ignored
Disliked{quote}(a) if it has not been visited while market is falling it was below 4000(b) or while market is rising it is above 4000. Then they are deleted forever. 3. Calculate for the previous session to trade this current session following the rules.Ignored
Disliked{quote} But in my example the current price is below the pivot price. So we use buy STOP or don't buy at all?Ignored
Disliked{quote} Excuse me, pivot line "lives" till the end of the current session or till the end of the current trend (above|beyond 4000) ?Ignored
Disliked{quote} C'mon man, who own the pivot bulls or bears? If bears, I don't buy, if bulls, I need a limit not stop.Ignored
Disliked{quote} Price is above 4000, pivot is above price -> we are in the buy scenario, but it's a buy stop - no? {image}{image}Ignored
DislikedHello BiteFX! {quote} 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 lines from the previous session for the next 1 session only and then delete them?Ignored