pip9999 wrote:TheRumpledOne wrote:
When you SEE price approaching the previous day's high or low, there is a good chance of getting some cheese on the breakout.
DO YOU SEE IT?
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Avery.
D1 LOW BREAK(10)
Range 30-39 2 50%---------> this indicate that the Price action most likely(50%) will break the daily Low with breakout range 30-39pips ?
What is name of that Indicator ?
Thank you
Cheers
The (10) means the indicator counted the last 10 bars ( bars 1 - 10, current bar not included ) .
50% of the time ( last 10 bars ) the breakout range was 30 - 39 pips.
TRO2009_HLBO_COUNT_UI is the name of the DONATIONAL indicator.
Remember, you do NOT need indicators to do this.