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Rotunda are you using the Cobra rotunda .ex4 to generate the sign candle? The trade is put at this high/low of this sign candle's break. Using this on M5?
Thanks,
Bobby R.
Hi Bobby, yes, that's the entry. Fxtr51 was kind enough to write the indior, and it works. Signal keeps you and has helped me tremendously.
Entries about the 60/4 method. When price is above the 60 ema, I only search for trades. When price is under the 60 ema, I only search for trades. Signal is the initial break and close above the 4ema that is above the 60ema for long trades. Trades that are short are the initial break and close under the 4ema that is below the 60ema. Thank you for the quick response. I will post a chart on where the signals came out on the indior you sent. On where I like them to be, I will mark the candles.
Here is the indior.Originally Posted by ;
https://forexintuitive.com/attachmen...0436861067.ex4
Thanks again.
https://forexintuitive.com/attachmen...8678992066.zip
Hello Rotunda,Originally Posted by ;
Thus, are you currently incorporating the 60/4 indior into the Cobra template along with also the entry is currently simply with the 60/4 arrow inline using the Stochastic overbought/sold state?
First cobra 1,2 candle rule and ADX are now not taken into account.
You merely want the PA to break out of and close out both orange /blue zones however by employing the new 60/4 ema rule arrow that you seem to achieve it anyhow automatically??