Disliked
{quote} If we are selling and a candle closes with a dot of the same colour below the mid line we count the pips to the close of that candle, however, if a candle closes beyond the opposite band before we get a dot candle that candles close will be to where we count the pips.
Here are some images showing how the 2 different closes look...just want to clear this up for everyone
This is some trades closing on a candle where the candle closed above the opposite band (red vertical line). The dots with the purple box are the candles we opened a trade on.
Attached Image (click to enlarge)
This next pic shows a purple box around a pink dot who's candle we opened a trade on. The red line is on the candle that closed over the mid line and had a pink dot.
Attached Image (click to enlarge)
Hope this helps.
Chris
Core Trading Logic from what i understood: **Entry Conditions:** **BUY:** -> Green PTL dot appears **BELOW** ATR midline (candle must NOT pierce midline) - **SELL:** -> Pink PTL dot appears **ABOVE** ATR midline (candle must NOT pierce midline) - (Trades open on close of the signal candle) **Exit Conditions:** **Close BUY:** -> Pink dot appears above midline OR price closes/pierces opposite band - **Close SELL:** -> Green dot appears below midline OR price closes/pierces...
