TRO SUPRES HHLL

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PINKPANTHER5
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TRO SUPRES HHLL

Postby PINKPANTHER5 » Thu Mar 12, 2009 8:26 pm

Hi TRO.

I really like this indicator. I was just wondering what the projection lines mean and how we use the "in range" indicator


Thanks

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TheRumpledOne
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Postby TheRumpledOne » Thu Mar 12, 2009 9:07 pm

Image

Projection is where price is "projected" to move based on fib extensions.

"% in range" is where the current price is, in percent, using the support (0%) / resistance (100%) range.

Note: in the picture, since I used a shift of 1, the price is above resistance, so the % in range is above 100%.
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PINKPANTHER5
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Postby PINKPANTHER5 » Thu Mar 12, 2009 10:11 pm

Thanks TRO,

So if the percentage is higher, would that make a better trade? And if the percentage was lower would it make it a riskier trade or something?


Thanks TRO :d

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Postby PINKPANTHER5 » Tue Mar 24, 2009 5:27 pm

Hi TRO,

What do the yellow arrows mean. I know what the green and red ones mean but what about the yellow?


Thanks :D

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Postby Humble » Tue Mar 24, 2009 11:47 pm

I see 3 arrows, one for the bar marking the high, one marking the low and the other marking the last bar counted. ie HI SupResHHLL(x).1
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Postby TheRumpledOne » Wed Mar 25, 2009 2:36 am

What yellow arrows?

Post a chart.
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