Hello
HA candles are not price candles in true sense but they are an indicator (derivative of price)
The fills that we get will be based on current price being traded and not the current HaClose
When putting in entry/exit/SL orders how do we adjust for this difference?
For e.g. on daily chart of BNF the HA Candle Open=Low=27489.4, where as the actual LoD is 27828.4
and as of now the CMP on HA candles is about 100 points below that of actual price being traded.
Thanks
.
HA candles are not price candles in true sense but they are an indicator (derivative of price)
The fills that we get will be based on current price being traded and not the current HaClose
When putting in entry/exit/SL orders how do we adjust for this difference?
For e.g. on daily chart of BNF the HA Candle Open=Low=27489.4, where as the actual LoD is 27828.4
and as of now the CMP on HA candles is about 100 points below that of actual price being traded.
Thanks
.
When taking a trade we keep SL sell/buy order below or above the wick and the trade is made only when that price is hit.