Hello Budhi,budhi1976 wrote: Wed Jan 22, 2025 11:16 pm Just an experiment. This is MT5 platform.
Pretty risky but I was confident, that up arrow was above Daily Open Line and ADR was above 20%, and M15 was also strong bullish.
Screenshot 2025-01-22 190922.png
I like the color scheme of your chart and appreciate your continued mt5 variations.
That looks like an Index Entry from versions past that Xard would take with "house money" from previous wins. There are good pips to be made from them. Whenever I took them, I would have a pretty quick trigger finger to exit, usually at an opposing semafor and look to double dip by entering again at the classic 2nd dot set up. You are correct in saying they are more risky and traders should staunchly adhere to their risk management rules. Many times I would find that the 2nd dot entry was pretty much at the same price level as the Index Entry.
I really appreciate that you shared the mt5 version of the Index Entry some time ago
For those interested: