Re: Saint's Intraday Miniflow - live discussion
As per knowledge, If BO bar over a PH is a WRB, then stops at WRB low-sf. If the next bar negates more than 50% of this BO bar, then move SAR to this resting bar low-SF.
Manoj
Am a little unclear about the Breakout bar rule. From reading earlier posts my conclusion was:
If a bar is a Breakout bar (from a ph) and is also a WRB then we look to reverse at the break of its 50% mark. Otherwise SAR remains at the recent PL. (and not at the BO bars low)
If a bar is a Breakout bar (from a ph) and is also a WRB then we look to reverse at the break of its 50% mark. Otherwise SAR remains at the recent PL. (and not at the BO bars low)
Manoj