For Buy Countdown, the condition is close is less than equal to low of two bars earlier.
If the count down is not continuous, then should the previous second bar be part of the countdown or just the immediate previous second bar?
example: when countdown is not continuous,that is if there are bars between CD3 and CD4 not taking part of countdown then, should close of CD4 be less than equal to low of CD2 or just the immediate previous second bar (which is not part of countdown) before CD4.
Thanks
If the count down is not continuous, then should the previous second bar be part of the countdown or just the immediate previous second bar?
example: when countdown is not continuous,that is if there are bars between CD3 and CD4 not taking part of countdown then, should close of CD4 be less than equal to low of CD2 or just the immediate previous second bar (which is not part of countdown) before CD4.
Thanks
Just that.
Vivek