ICWR trade BUY
20.01.2006 19:30 (AlpariTime)
BUY ORDER 1.7676 Stop = 50 pips !
It's been awhile since I read the doc, but it looks like, in your first post, the first picture that you posted would have been a valid entry, based on the system, at the open of the bar where the arrow is at. It had closed past the 38% retractment and then at FULL bar closed above the 25%.
You second chart would not be an entry. Since you have a new Active Wave, you need to now wait for a retractment to close past the 38% and then a Full bar above the 25% or below the 75% would be an entry.
Thanks for you help
i suppose that this thread is for ICWR users and i am one of them
with many problems
do you use ICWR indicatore for trading?
if you use it what is the best setting for short term trading for the indicatore?
first please answer these two then i have many many questions.
tanx a lot
do you use ICWR indicatore for trad?
i update code the ICWR indicatore
i share soon...
best settings is default for Intraday M5
thanks for your reply.i am looking forward for your new vrsion of ICWR indicator.
i downloaded your indicatore.a crucial question!what is the best settings for short and long term trading for the indicator and again thanks
default settings for M5 short term
this BETA !
i have change code to find best settings for short and long term trading !
you can parameter change calc.NumBars for backtesting and find best settings for short and long term trading
thanks alex.i'll do that