SiriusDG wrote:TRO -- just got the donational pack two days ago, reading through it all, lots to absorb. I am looking now at the GPS indicator... I understand what it is doing, just not what it is trying to tell me. You post it a lot with the caption "Opportunity" but I don't understand where it indicates that. Also not sure why the price turns white?
I am sure I will have a few more questions in the next few days, but that is good for now. Thanx!!
David
Hi SiriusDG,
In my understanding base on daily "D1" High and Low at that moment capped to 20pips from and away. In other words if price move 20pips or more away from daily high downwards the figure colour in 'pips' on the table changes and vice versa. You need to check on the respective pair chart to SEE the price action, base on price it may contiue the movement downwards or upwards and it may also reverse. In summary, Tro GPS shows you the pairs that are down (in red)/ up (in green) daily at that moment. Hope this help,I may be wrong just my hindsight.
In regards to H4 you asked,I guessed it base on price relative to H4 candle, perhaps TRO or other knowledge-able traders may tro more light,I'm neebie too.
Cheers