The TMA channel is trending down so I adjusted my TP slightly lower, (that means I'm following the trend - which is down - channel pointing down).
I removed the SR zones, (white dots). I was experimenting with this version and it adds no value. Actually you best SR zones are the channel lines. I don't think SR zones are horizontal lines. I think they are alive and thus bend as price changes. Kudos to Mladen et al!
I removed the SR zones, (white dots). I was experimenting with this version and it adds no value. Actually you best SR zones are the channel lines. I don't think SR zones are horizontal lines. I think they are alive and thus bend as price changes. Kudos to Mladen et al!
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