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PMO is best in uptrending markets, If you have a solid candle here maybe you could use that and have stop at low. However where that indicator fails is downtrend markets. I'd stick to standard candle charts honestly at this time
can you post a link to the PMO chart...i m not sure which one you are referring to
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PMO is best in uptrending
BPSPX Renko observation
Posted by matt on 24th of Mar 2020 at 10:18 am
PMO is best in uptrending markets, If you have a solid candle here maybe you could use that and have stop at low. However where that indicator fails is downtrend markets. I'd stick to standard candle charts honestly at this time
can you post a link
Posted by arun on 24th of Mar 2020 at 10:42 am
can you post a link to the PMO chart...i m not sure which one you are referring to