I do not know ... I am using pivots for the trade confirmation:
- price is above central pivot = buy trades confirmation;
- price is below pivot = the confirmation for sell signals.
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Basically only allows buy if the price is above the Pivo and sell if the price is below the pivo.
Would you use Allpivo as SL and TP?
If you buy SL = S1
If for sale SL = R1 for example
Attachment 27319
Regards,
Rogério
It depends on timeframe ... if you use yearly pivot so you will have confirmed buy (or confirmed sell) for half a year for example :)
Because pivot is very strong support or resistance level so there are some 'price crossed pivot strategy' confirmed by stochastics or MACD for example.
Ok
I'll put the pivo filter in the EA.
Maybe filtering out Fibonacci zones is also interesting.
If you have time test the EA.
Regards,
Rogério
Hi,
Please check out the updated AllHeikin-Ashi and the new AllHeikin-Ashi subwindow indicators.
Regards,
Igor
Thanks Igor, this is fantastic. Thank you.
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