Hi
The pattern recognition shows the probable patterns with capital letters at the current bar close....now if the bar closes on top it shows t if bottom, it shows b and e means either....so if it shows Zt means its ZLR pattern if range bar closes on its top end.....Ze means bar may close either top or bottom of range but ZLR is still valid.
The pattern indicator has settings for sideways markets when sidewinder is red and unless it turns yellow or green for 3 consecutive bars...the patterns wont be profitable...on left top end it shows whether market is trennding or flat.
http://woodiescciclub.com/forum/viewtopic.php?t=5820
The pattern recognition shows the probable patterns with capital letters at the current bar close....now if the bar closes on top it shows t if bottom, it shows b and e means either....so if it shows Zt means its ZLR pattern if range bar closes on its top end.....Ze means bar may close either top or bottom of range but ZLR is still valid.
The pattern indicator has settings for sideways markets when sidewinder is red and unless it turns yellow or green for 3 consecutive bars...the patterns wont be profitable...on left top end it shows whether market is trennding or flat.
http://woodiescciclub.com/forum/viewtopic.php?t=5820