EJ is looking very toppy on many timeframes and I have been watching it closely.

On the H1 chart this morning, price was in a downtrend and had just made a second touch of the Enigmera aqua trendline.  I entered short and would have reversed/hedged if price had broken too far above the trendline.

I exited the trade at the new trendline from the lower top rather than wait to see if price hit the red target line because price was about to touch the new trendline from above and could likely bounce upwards.

That trade made me more than the monthly cost of my 6 month rental and those sort of setups are available all the time if you take the time to look for them.

I have been trading manually recently using the updated indicator and am finding the 45 degree lines very useful.

I use the previous day's High and Low to plot two Enigmeras then wait for price to move outside one of the 45 degree lines and then enter a trade on a re-entry inside the line.  If price moves outside the line again, I wait for the next re-entry and add another trade.

My target is the centre Enigmera line.

1. Insert indicator on the chart.

2. Drag it to top or bottom. Enigmera is trend estimation indicator and system and

need top (if bearish trend) or bottom (if bullish). In case you drag the indicator

to some other place this will not be a trend estimation.

https://www.enigmera.com/index.php/educational/

See example 1 and example 2

3. Every touch of the Enigmera support line (aqua color) is a signal to open a

position in trend direction.

https://www.enigmera.com/index.php/educational/

See example 1 and example 2

4. Trend is broken if you see candle closed on the other side of the support line

and this candle do not touch support line at all.

All candles that touch the support line are testing the support.

5. Once you open your position you have a targets where you can collect your profit.

a/ Common interest zone

Check the video here how to define the common interest zone:

https://www.youtube.com/watch?v=Ui5qq92keHg&ab_channel=Enigmera

Here if full explanation

https://www.enigmera.com/index.php/additional-info/

b/ Target line level

c/ Levels beyond the target line

Going beyond the target line is a sign for very powerfull movement and trend

continuation. Usually this happen during the news.

How to estimate it check at the bottom ELLIOTT WAVES COUNTING:

https://www.enigmera.com/index.php/additional-info/

Educational – ENIGMERA

Pull the indicator to a top or bottom, as it is estimates a trend. If it is in the middle of something then it is not a trend. You must be aware also that there is no break of this trend i.e. candle on the other side of the support line that do not touch it. With arrows the long signals mentioned (when the market touch the support line), where...

Whatever question you may have you can contact me at Telegram. My account is: @enigmera
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hi, 

i have a question about the vertical purple line.   When i move it to the right and it will change the other lines calculation as well as positions.   

Should i move it to the right hand side or just leave it as default?   

what is the correct manner to manage this vertical line?

thanks

simon

I replied, pld check your messages

hi, . 

It is amazing for the new version today.   For the Volume, it has dots but has different colors, Blue and Red. 

Does it has different implications? 

thanks

Simon

Hi, Simon! Yes, they are different. The purple represents more volume than blue. Please contact me and you will have full explanation.

Brgds/Ivan

E' la seconda recensione che faccio sull'indicatore ENIGMERA, posso affermare con numeri alla mano che è uno strumento utile e potente. L'ideatore Ivan si dimostra attento e esplicativo in tutte le dinamiche di apprendimento dell'indicatore rendendo il trading oggettivo e con una chiara lettura del mercato. Posso affermare che se usato correttamente, saprai sempre di essere dalla parte giusta del mercato e mai contro vento. Lo consiglio a pieni voti assolutamente e sopratutto ascoltate con attenzione i consigli del sig. Ivan... sono perle di saggezza e conoscenza del trading.

Grazie, Vincenzo!