samxtrader wrote: Wed Jan 19, 2022 4:37 am Just need a bit of information on the 2 coloured red/green line?

I understand the line is the open line ?
So , if price did break through , it could retest the line, meaning there could be a reaction off the line ?

Could somebody give me some instructions on this.

Honestly if Xard or somebody did a video on " How to trade this system " , the battle would be over in trying to figure it out your self, although there
is information on previous pages, but its different a
of kettle of fish if it was shown on a recorded or a live video, please somebody sort it out

Cheers

Hi There!
XARD (Dan), included the open line to be used as a "FILTER". Generally it is safer to take buys above open line and sells below open line. That is why he has color coded it, and this time around used moving averages to color code the line to match each price move above or below. Price can and will test retest any line! any support line or resistance line. That is why you need to look for confluence (other agreeing factors), you need confirmation from your MA crosses, candlestick patterns etc, etc. You may want to read up and google "support and resistance" to get better understanding of how they work. If you were really serious, you could begin at page one of this forum, and read every post from beginng, I assure you, you will learn lots! and pick up many more hints along the way, and many more cool indicators! No one can dump info into your brain, you have to collect that yourself, no one can give you experience, you have to earn that yourself! It won't take you long to read all the posts, maybe 2x weekends thats it.
Hope that helps!
Happy Trading !
EDIT: Forgot to mention, but you will find info if you read through past posts in this thread, the open line is also significant in "GOLDEN NUGGET" AND "SILVER NUGGET". That is when a 2nd dot forms near the open line ( more action is seen if this happens near the open of market sessions - high volatility such as London open or NY open).