Chickenspicy wrote: Fri Sep 08, 2023 1:58 am a, just the floating loss while the market is headed towards the goal direction
b. im not sure, possibly just a horizontal line with an alert on it
c. Price behavior

I see but ideally you should not have drawdowns and you may want to be more careful with your entry or may be take a longer view of trades.

a) Saying so because we trade point to point along a diagonal and strictly speaking that should deny any drawdowns
because for day traders Cy = TT = Diagonal and Range Arrow + Spot = immediate trade in range.
b) The flow does not stop until X = Y or Y = X (the size or weights of the start and end Semaphores are the equal (or greater for direction).
In that event where level 1 signal changes we change direction of trades.
c) To get my meaning whether intraday or multiday a correct entry in direction MUST grow progressively (i.e. on a H4 pivot sign change = entry).

d) As you see below these definitions are strictly one way flows per interval (H4 interval or diagonal).

Best

(-_-)

PS: I have exited the trades you see in profit because as you can see we are in FLE with a Blackhead stop at low so watching to see if later price moves to displace higher as in this case it can displace the blackhead lower to extend (promote its rank to an A (3)) which is the same rank as the starting pivot (so yes in this case if I left my trades down I might attract a drawdown but I am out so no question of that now).