mrtools wrote: Fri May 31, 2024 2:47 am
Am I understanding right? You are looking for a trailing stop based on the coloring of the gann hi/lo histo you posted?
Hi mrtools,
yes something like that, maybe is more of a function to close the trade? rather than a trailing i suppose? since the idea is to avoid long wicks that kick you out of the trade but at the end were just something like a doji/morning star candle formation and after that candle the trend continues and the gann is an indicator that is quite useful to help in entries/exits, since this can even be added to the genesis matrix system which also has gann as one of its indicators for both entries and exits
not sure if the change of trend in an indicator to close the trade could be considered trailing stop, but yes, that's the idea. its something like that possible?