Nirvana - The Discussion

S

sr114

Well-Known Member
#51
#51
Bewinner said:
Okie...let me clarify once again...I want to see the chart wearing ur glasses...considering last one buy and sell signal...last buy signal should be taken as it is near the price line and regarding last sell call it should be also taken as it is far from price line(or it is below kejun sun line)....Is this the logic will be sr114?

I understood yellow line is ur price line and it is either 30/50 bars u have set... do u consider the second sell signal or u will wait till it goes below kejun sun line?
Click to expand...
ok let me clarify

1. when the buy signal(white dot) comes, i only look at the price line (yellow line) and take the trade. u have to pull the trigger

2. also in case of sale the same logic prevails.

only problem comes when we are in trade and another reverse signal comes. what to do at that time. then we look at the ks line - cream colored line where it is wrt to price and accordingly our sl - where it is. if sl triggered we wait for next signal

the price line is secondary - actually it is displaying the last close. nothing else. the cream color line - KS my stoploss. if buy signal comes and KS is above price line then it is not time to enter as price may break down again. same for short. just buy signal, price above KS and pull the trigger, put a protective sl. same for shorting.

am i clear? if not so pls ask

sr
 
Last edited:
B

Bewinner

Well-Known Member
#52
#52
and does this price line indicates anything? some ties it is above the price/candle and sometimes it is below...referring ur image posted @ 2,3,4 link

Oops...so many questions to u?
 
S

sr114

Well-Known Member
#54
#54
Bewinner said:
and does this price line indicates anything? some ties it is above the price/candle and sometimes it is below...referring ur image posted @ 2,3,4 link

Oops...so many questions to u?
Click to expand...
if prices is at high the price line will be at the top of the candle

if prices is at low, the price line will be at the low of the candle

this is depicted in the charts

sr
 
S

sr114

Well-Known Member
#59
#59
Columbus

are the chart colorful or the system looks vaible to you? asking as u pressed the thanks button.

waiting for your feedback

sr
 
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