sudhindragk wrote: Sun Mar 21, 2021 8:22 pm
The best way to use the latest VQ by XARD : Trade from 5m chart. Set the VQ to 15m by substituting price smoothing =36. You get to see both 15m and 1hr trend on 5m.
No offence to anyone but:
How does this work logically?
trading TF = M5
short term directional bias on M5 = EMA9
Directional bias on higher TF = M15 (5x3=15; i. e. (M)15 = 3x (M)5)
If I use 36 I don't get M15 but M20; mathematically correct would be M15 = (M)5x3, i. e. (EMA)9x3=27
Maybe I am wrong but the maths isn't.
And this doesn't even discuss the "problem" whether M15 is the best reference TF for M5 (which personally I doubt).
See also:
viewtopic.php?p=1295431272#p1295431272