A buy signal is generated when the price closes above the high of the first (larger) candlestick. While some may want to trade the strategy in a down-trending market, it is not a good idea. The strategy is best suited for trading the reversal of pullbacks in an uptrend after the price has retraced to […]
Monthly Archives: November 2020
We’ve seen that the security function can be used to display data for stocks not shown on the screen. Our exits are working and being plotted on our main chart along with the long and short entries. You can easily cycle through different time frames using the time frame options in the menu at the […]