Shola Amos
Shola Amos
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Shola Amos
Shola Amos
pivot calculation taken from all type
1 classic,
2 woodie, and
3 camerella
4. average of 1 and 2
5. average of 1 and 3
6. average of 2 and 3 which will be in extern type
formula taken from
http://www.mypivots.com/investment-calculators/pivot-point-calculator/
time frame in chart acting
price taken in (op, hi, lo, cl) no.of candle in extern type
example.
NO. OF CANDLES 5 OR 6 OR 10 OR 20 SOME THING LIKE THAT...
if choose 10 than ohlc taken from 10 candles of the history.
levels taken from r4,mr4,r3mr3....pivot, ms1,s1...s4
buy extern type
in any mr1,r1,mr2,r2,m3,r3 and
stop must be in trailing mode (IF TRUE) on the levels
IF FALSE NO CHANGE THE STOP AND TP
target also in levels
sell extern type
in any ms1,s1,ms2,s2,ms3,s3,ms4,s4 and
stop must be in trailing mode (IF TRUE) on the levels
IF FALSE NO CHANGE THE STOP AND TP
target also in levels
buy and sell must be taken when the price should be done, dont paste the order form in stop and tp, it should be hidden.
if buy taken
in the same time of candle stop trigger the reverse entry will control.
target may wait for next candles
if sell taken
in the same time of candle stop trigger the reverse entry will control.
target may wait for next candles
in case the stop trigger in next candle the next calculation must taken.
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Shola Amos
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