Re: Something interesting from Chatgpt/AI please post here

63
Intrest 1 wrote: Mon Dec 30, 2024 9:16 am High low is too narrow a channel compared to that indicator. I don’t know how they made it there, but the MA is almost always inside it and comes out only on reversals
He write in TV ....
IMPORTANT: You need to set a LOGARITHMIC graph. (The function is located at the bottom right of the screen)

I don't know if this is doable ( for me) in MT4...
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Intrest 1

Re: Something interesting from Chatgpt/AI please post here

64
THSLINE

This appears to be a horizontal red line on a candlestick chart, which looks like it's functioning as a price reference level or resistance/support line. Based on the chart pattern, these horizontal lines can serve several important purposes in trading:

Support and Resistance Levels: The horizontal lines mark price levels where the market has previously shown significant reactions. They can act as:


Resistance: When above price, potentially limiting upward movement
Support: When below price, potentially preventing further downward movement


Trading Decision Points:


Entry points: Traders often look for bounces off these levels to enter trades
Stop loss placement: The lines can be used to set stop losses just beyond the level
Take profit targets: Price reaching these levels might signal profit-taking opportunities


Market Structure Analysis:


They help identify key price levels where buyers and sellers have previously shown strong interest
When price breaks through these levels, it can signal a potential trend change or continuation

Looking at your specific chart, the red lines appear to be marking significant price levels where the market has previously reacted. These could be useful for:

Identifying potential reversal points
Planning entries and exits
Managing risk by placing stops beyond these levels


need coder to make the line long.i try many time but still no result




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