As usual with Ensign, the heavy lifting has already been done. Here's the three-bar break (you'll need to open it in Internet Explorer, unfortunately): http://www.ensignsupport.com/email/1297.mhtml The vertical green line is the buy bar. The pink line is the sell bar. Note that you don't even have to type it in as it's available for download as "1297-3Bars" in the Q&A Template section of Internet Services/Download tab. The way it is it does not wait for the magic tick. I'm fixing it up right now and will post it when ready.
Exactly, because you don't know whether it will close higher than the high of the pivot bar.In real time while the bar after the pivot is forming you'll see the pivot bar becoming blue, then its original color then blue etc. The historical chart is the representation of what happened when the next bar (after the pivot) closed. If the pivot is blue it closed higher than the pivot. To simulate an entry you should consider a buy at the close of this "confirmation bar", this way you can actually see what would have happened by looking at the hist chart hope it's clear, man my English is what it is Now I hope you'll see the importance of buying only when we have a confirmed trend up , this is a good way to understand what Anek teaches here more than a real system
tried to get JD's version EL'd - didnt seem to work, signals not too great so i tweaked Aneks's 3bar and added the option to just see reversals... i
I chose to paint the pivot bar or you could paint the break bar. I used the low on the break bar to trigger the pivot bar because that bar may not close below the low of the previous bar(pivot bar). That way it should give you a heads up as a possible pivot point. Then you would use other confirmations to take the trade. I guess I'll find out tommorow if it works or not. JD
Anyone knows which company is the main source of flash drive components in the business ? Source, not distributor or assembler. Thank you Anek