BambinoFlex wrote:Skyold wrote:joshuayip wrote:Hi Skyold,
Thanks for opening this thread. I am interested to learn how to trade missed pivots. But I am probably not having all the indicators. I tried to follow your template using some of the indicators I already have. But it seems I am not able see the FPP. Could you please take a look at my template and see my settings are all out (attached) ? MISSED_PIVOT_TPL1.tpl
Farely new to TRO's indicator (few weeks) and have watched a few videos on missed pivot. Please forgive me if I am missing the obvious.
Mr TRO, may I please ask for your recommendation which year to donate to for missed pivots trading?
These are the Indis.
Try experimenting a bit with the settings yourself. So you get a better feeling for each individual
Desktop Screenshot 2019.10.14 - 188.8.131.52.png
So on the Price Analyzer, you look at the stats for "open below pivot" and "open above pivot." So Lets say the FPP is above the open, so its "Open Below Pivot" correct? Then from there I look for Open LT PP and High GT PP...I'm not understanding what that part means. Is it that saying the high of the current day has a 63.41 percent probability of being GT (greater than) the PP so I would take that Long trade? or what does High GT PP mean to you?
FPP is for the next day.
What you should have in the visor is the current PP
If the PP is greater than OPEN, then you are looking 'OPEN BELOW PP'
The probability of the last 100 days has shown that the daily high 63.41% higher than the current PP. So you can go LONG