Can someone please help me understand this wonderful afl.........

#1
I've found this wonderful afl when I was searching over the internet.......I've been using this for backtesting in live market and I could not understand one indication in the chart.......I've posted the screenshot of it marking indicator in red which I could not understand..........

I've checked in the live market, this indication does not showup as soon as the candle candle is completed but it forms after 3 or 5 candles when the price make a substancial up move or down move from that candle.

It would be very helpful if someone could help me with this.......


 

jahan

Well-Known Member
#2
hello praveen,

those small squares u circled are Zig pivots they r future looking u cant use as buy and sell but instead use them as support and resistance.

regards,
jahan
 
#3
thanks man........is there any way to stablize them so that they occur at the right time and not after a turn around has taken place and big mode done in that direction.
 

jlmalhotra

Active Member
#4
Noops all u can do is change look back period.

The better way to trade is Long above last Pivot High and short below last Pivot Low.

Do look at other indicators too before entering into a trade.
 

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