Thanks to ST for taking all the trouble. Wish you a speedy recovery.
We are clear now on sell setup SIPS
1. Sequential (9) counting - close higher than prev 4 bars close
2. Intersection - low less/equal to prev 3 bar from 8,9+
3. Perfect setup - 8,9+ - high higher prev 2 bar high 6,7-
4. Countdown - close higher than high 2 days earlier
Travi/vivek,
Is there anything else left on this one other than the cancellation for TD sequential/countdown.?
5. Cancellation:
A. Setup cancellation:
TD Buy cancelled if 9 bar sequence broken
TD Sell cancelled if 9 bar sequence broken
OR
NEW TD SETUP formed.
B. Countdown cancellation:
TD BUY CD:
Condition 1: If the TDST (setup bar 1 high ) breached by any CD bar high
Condition 2: NEW TD SETUP formed.
TD Sell CD:
Condition 1: If the TDST (setup bar 1 low ) breached by any CD bar low
Condition 2: NEW TD SETUP formed.
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