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I may have been too quick to answer you regarding the SMA(40). At the moment I have taken it off, but it is quite possible that we can put it back on just to give a general BIG trend direction.
Can you help answer these questions from other members on NexusFi?
Another example this morning of the 6C. We have 2 setups in this move down. Basically the method 1 is confirming to us when to take a swing break when the condition are all in place. In the second example I have also shown, how an aggresive entry can be taken as well. The RED candle cuts the 5 EMA in half, giving all the condition of Method 1, so you could take this entry at close of the setup bar.
I have added the SMA(40) on the chart, just to show the LONG TERM TREND, and as we see this setup is just perfect.
OK, understand. Is there a ratio as to SL you would use with 4 range, 5 range etc? 4 tix for 3 range chart is probably what I will start simming with which makes sense with my account size.
I had that issue before. According to NJ Customer Service, it's related to the licence in the system. Unless one leases or buys one that comes with the sophisticated features, one cannot edit NinjaScript when using a live account (even it's switched to sim).
Solution: enter a sim licence number to Control Center - Help - License Key
then you will have all the sophisticated features back!
This looked like a good entry as i understand it. Got within 1 tick of 1st PT, but then stopped out. I see there was a high way to left at same level. As far as signal, all seemed lined up, bar prioe to line was setup as it split fast line?
1 more question Do you guys put calculate hourly pivot on Murray to true or false? makes a big difference
Can you clarify this rules a bit? In the case of the long entry, if the lowest high in the last 5 is 3 bars back, must the high 3 bars back be greater than the EMA(20) three bars back or higher than the EMA(20) at the current bar? I think you mean the former, but I just want confirmation.
Thanks,
-C
“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” - Sun Tzu
If the bar # 3 is the Lowest High of the 5 bars, then this bar #3 must be greater than the EMA(20). If this condition holds you can preceed. It goes without saying then that all the other 4 bars will be greater than the EMA(20)