updated image showing both version with trend hold on and
off.
Note - the one on the left with the trend hold on now shows that
it might exit tomorrow! Notice the momo indicator is now green. So
if the market is up tomorrow or even flat, it will be exiting and
we'll exit the final portion of the trade. If the market were to
sell off strongly tomorrow, then it would most likely hold as that
would probably be enough to cause the indicator to go back red
look at the left chart - see the indicator there below price
where I have the arrow pointing, notice how it turned green today,
was red for several weeks
Posted by tmbrook1 on 14th of Sep 2022 at 07:33 pm
That line you are referencing looks identical between the two
charts. I do see your arrow. I guess the difference is
the trend condition programmed in on the left chart that allowed it
to stay in the trade longer.
ES QE 3 short update
Posted by matt on 14th of Sep 2022 at 06:14 pm
updated image showing both version with trend hold on and off.
Note - the one on the left with the trend hold on now shows that it might exit tomorrow! Notice the momo indicator is now green. So if the market is up tomorrow or even flat, it will be exiting and we'll exit the final portion of the trade. If the market were to sell off strongly tomorrow, then it would most likely hold as that would probably be enough to cause the indicator to go back red
Matt I am sorry but
Posted by tmbrook1 on 14th of Sep 2022 at 07:25 pm
Matt I am sorry but I can not see a difference in these two charts regarding the trend indicator being on or off. Which line is it? How can I tell?
look at the left chart
Posted by matt on 14th of Sep 2022 at 07:27 pm
look at the left chart - see the indicator there below price where I have the arrow pointing, notice how it turned green today, was red for several weeks
Several weeks... dang.
Posted by fredsaid on 14th of Sep 2022 at 08:11 pm
Several weeks... dang.
That line you are referencing
Posted by tmbrook1 on 14th of Sep 2022 at 07:33 pm
That line you are referencing looks identical between the two charts. I do see your arrow. I guess the difference is the trend condition programmed in on the left chart that allowed it to stay in the trade longer.
both charts have the same
Posted by matt on 14th of Sep 2022 at 08:37 pm
both charts have the same indicator on it - on one the settings are set to false
Thank you Matt. With this
Posted by tmbrook1 on 14th of Sep 2022 at 08:51 pm
Thank you Matt. With this site, each day I feel like I am learning more and more.