Hi global!global wrote: Mon Aug 15, 2022 1:00 pm Hi Genry,
Tomorrow I plan to work on modifying the Kiosotta indicator with your suggestions. As soon as I'm finished implementing your ideas I'll post it. Thanks again for providing us with the Kiosotto and revealing to us how to successfully use it.
Here is an example of processing correction signals from Waddah and fast Kio.
HA - red, slow Kio near the plinth - the bearish trend continues.
Waddah and fast Kio are signaling a reversal - this is a sign of a correction.
Signal processing:
1. I threw Fibo on the first swing near the local extremum.
2. Next to the levels 562, 662, 762 I placed limit orders in buy and added one market hands.
The price has completed the correction. We are waiting for the next signal.
Note.My trading experience allows me to trade a corrective movement.
I do not recommend beginners to trade against the trend.