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tmailone  
Do you have this in a MTF multi time frame version ?
Paul Geirnaerdt  
tmailone:
Do you have this in a MTF multi time frame version ?
No, I haven't. But will put this on my TODO list.
tmailone  
Paul Geirnaerdt:
No, I haven't. But will put this on my TODO list.

I would buy it if it was mtf,

I like using 1hr engulfing bars on a 15m chart, I have one already, but

I like yours because of the stop and target lines you have .

Paul Geirnaerdt  
tmailone:

I would buy it if it was mtf,

I like using 1hr engulfing bars on a 15m chart, I have one already, but

I like yours because of the stop and target lines you have .

No promises, but I'll see what I can do.
bhtosun  
Hello,

Can you please clarify when arrow is formed? with opening of a new bar or at the close of the bar?
Paul Geirnaerdt  
bhtosun:

Can you please clarify when arrow is formed? with opening of a new bar or at the close of the bar?
Neither. The confirmed breakout of the high or low is the signal.
bhtosun  
Thanks for the clarification Paul. I have one more question, how do you calculate the TP and SL levels?
Paul Geirnaerdt  
bhtosun:
Thanks for the clarification Paul. I have one more question, how do you calculate the TP and SL levels?
SL is at the high or low of the engulfing bar, TP is at the same distance on the other side.
Karish  

MTF version of it with multi-pairs would be great,


BTW silly question..

The order should be taken a market order right when the arrow appears right?,

i mean right after that colored candle closed the arrow appears and that when i enter is this current?

Paul Geirnaerdt  
Karish:

MTF version of it with multi-pairs would be great,


BTW silly question..

The order should be taken a market order right when the arrow appears right?,

i mean right after that colored candle closed the arrow appears and that when i enter is this current?

The arrow indicates the breakout and a trade can be made.
Eric Lebouthillier  

just a suggestion , you should have a trend filter like with MA if price above MA then only show buy signals and vice versa

 

Eric 

Paul Geirnaerdt  
lebric:

just a suggestion , you should have a trend filter like with MA if price above MA then only show buy signals and vice versa

Eric,

Adding MA as a filter is indeed a good choice. However every trader has huis own preferences. Support & Resistance is one tool in the trader's toolbox. Adding other tools to make a system is up to the trader. 

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