So that would be 1/2 pip. The way it works is it goes into effect when the high (or low) is approaching a level. If it's within that amount you define, then it will count it as reaching that level.
Last edited by PebbleTrader on Fri Sep 23, 2011 4:02 pm, edited 1 time in total.
Due to the uniformity of Excel these can be drawn well in advance, much like what MO did when he plots channels... However you looking for a block to be filled on or near a line to trigger an alert... shows with like the ducks and skulls example...
Pull backs to line trade in the direction of profit...