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KualaLumpur + Malaysia
Experience: Intermediate
Platform: TradeStation
Trading: ES, Forex, Futures, Stocks
Posts: 5 since Sep 2015
Thanks Given: 0
Thanks Received: 5
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In your chart
Number the rightmost bar as 0
Next bar left as 1 (the big red candle), and
Next bar left as 2 (the green bullish bar)
Under ‘on bar close’
The short will trigger on close of bar 1
(Way at bottom of red candle)
Not at your arrow position
Reason
Bar 1 is still in process of forming when price goes below the arrow, so bar 1 has not closed yet for entry trigger purposes. It is only when bar 1 closes (way at bottom), ninja will see that it is below your arrow, and then ninja goes “ah. Ok. Bar 1 close is below the arrow. Short now!”
My understanding
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