Darkdoji wrote: Mon Mar 20, 2023 9:17 pm Please see my suggestion below for next time. Cheers

Regarding this particular situation...
Due to the fact that I have in my template running indicator that takes screenshots on each candle, we can examine everything in detail. So....

Before...


Signal...
Earlier, when you had not yet introduced the concept of the Inverse on command, I used the change in color of the first (n) cell of the Term Trade element as a signal. In principle, these signals appear almost simultaneously. It can be seen from the picture that the signal appears late, when the price is already significantly above the level of the MRI pivot line. I don't take such trades, they look risky and not very attractive for me. The entry is good if the signal appeared before or during the time when the price crosses the MRI line.

And pay attention to the fact that at the moment of touching the MRI sell line, namely, it serves as support in this case, there is no price consolidation at all, the price literally bounces off it at the same angle as it came to the line. The market did not take a breath, did not have time to redistribute volumes for a new movement. Each significant movement is not only a price change, but it is also the volume of liquidity, which these upstarts who pulled the price up obviously did not have enough. In other words, the guys ran out of gas and the bears took advantage of it. But this is already a digression from the Orbit theme...

Now...
And now we have the previously expected sideway movement throughout the all day. After half an hour I go to bed and stop working for today. Today was a non-trading day for me.

P.S Once again I recommend to everyone who is interested in studying Orbit to install an indicator for fixing screenshots. This is very handy when analyzing the situation and viewing the behavior of the Orbit while you were not at the terminal.