Late breakout: breakout of oscillator is too late than price breakout , this type discarded by indicator and no signal to be shown up
Coincident breakout: oscillator breakout occurs together with price breakout (by the same bar) , this type shown by signals , and could be hidden by the setup item "show only early breakout signals"
Early breakout: oscillator breaks out prior to price breakout , therefore we can look for future breakout in prices, confirmation of this type of signal by closing above the high of signal bar for long trades, and vise versa. correspondent price levels could be switched on and off by the setup item "Show correspondent price levels for early breakouts". this item is available only at on chart indicator
early broken level of oscillator entails corresponding level in prices that expected to be reached or broken out, fail of price to breakout this level imply confirmation of opposite signal (if found) otherwise first signal could be broken later.
thank you for your great product. I have a question. Wyt is the backtest chart different from the live chart?
Thanks for raising any expected or encountered bug - despite I did not face such issue over 3 years - please send details of encountered case/s supported with photo so the same would be investigated unless your point is related to candle number zero which is vulnerable to change til close of candle
There are 3 types of oscillator breakout :
early broken level of oscillator entails corresponding level in prices that expected to be reached or broken out, fail of price to breakout this level imply confirmation of opposite signal (if found) otherwise first signal could be broken later.
thank you for your great product. I have a question. Wyt is the backtest chart different from the live chart?
thank you for your great product. I have a question. Wyt is the backtest chart different from the live chart?