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TRO SUPRES HHLL
Posted: Thu Mar 12, 2009 8:26 pm
by PINKPANTHER5
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
Posted: Thu Mar 12, 2009 9:07 pm
by TheRumpledOne
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%.
Posted: Thu Mar 12, 2009 10:11 pm
by PINKPANTHER5
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
Posted: Tue Mar 24, 2009 5:27 pm
by PINKPANTHER5
Hi TRO,
What do the yellow arrows mean. I know what the green and red ones mean but what about the yellow?
Thanks
Posted: Tue Mar 24, 2009 11:47 pm
by Humble
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
Posted: Wed Mar 25, 2009 2:36 am
by TheRumpledOne
What yellow arrows?
Post a chart.