Hello ST sir,
Actually i was my typo mistake (my bad), i was referring to same i.e. close should be more than 4 bars ago.
So on 17th Dec, we had a close < 4 bars ago and immediately on 18th we had close > 4 bars ago, this means sell setup is initialized.
So if i count from 19th Dec, then today was 9th day, but may be i have missed. And i was expecting for intersection (i.e. low will be same as of 4th bar ago) on 7/8/9 bar, did not happened so may be tomorrow ?
So as per TDST, this is power of 9 and now we will have 13 countdown (not necessary consecutive) where high is > 2 bars ago and then 13 bar close above 6th bar close. Once this is done we will get top price to short.
If this is right, is there any chance that 13 countdown fails ?
I am bothering you with my questions (may be silly .
Actually i was my typo mistake (my bad), i was referring to same i.e. close should be more than 4 bars ago.
So on 17th Dec, we had a close < 4 bars ago and immediately on 18th we had close > 4 bars ago, this means sell setup is initialized.
So if i count from 19th Dec, then today was 9th day, but may be i have missed. And i was expecting for intersection (i.e. low will be same as of 4th bar ago) on 7/8/9 bar, did not happened so may be tomorrow ?
So as per TDST, this is power of 9 and now we will have 13 countdown (not necessary consecutive) where high is > 2 bars ago and then 13 bar close above 6th bar close. Once this is done we will get top price to short.
If this is right, is there any chance that 13 countdown fails ?
I am bothering you with my questions (may be silly .
Sequential signal can fail like anything else in trading and we have stoploss for that.
Smart_trade