The filter for the first trade is 14 and once in a trade it is 7 for SAR. Am I right..?? Today we are yet to get our first trade so the filter is still 14 ...?? kindly confirm. What is first move and second move..?? Is it first trade and second trade..?
Dear Rajesh,
First You go through the mother thread or other threads listed in first post regarding rules. The method uses moving filter. As we are yet to get atrade moving filter will be used until we get a trade. Today's case is sideways so far. Hence MF applies in both sides. If a move is made in a direction then reversal filter will come into play.