20DMF Buy

[Pascal]

A buy signal was issued intraday.
This trade is protected by a close intraday below -72

Pascal

16384

[Pascal]

Correction: a close below -70 or an intraday move below -72 would forced the 20DMF RT to move back to a cash position.


pascal

16387

[Timothy Clontz]

If I understand this correctly, it's now in cash. Right?

[Pascal]

Yes. The Buy trade was protected by the "-70" level.
Hence, since we closed below, we are back to a cash position, waiting for a new buy signal.

A buy signal would be issued intraday if we cross 5 points above the lowest point since we crossed back below -70.
A buy signal would also be issued if we close 3 points above last close of OB/OS


Pascal

[brrim]

Pascal; When there is an intraday buy that has triggered could we have the entry price so that if we miss it at the moment of execution we can enter a limit order at the same price?
Thank you.
Robert

[Pascal]

Pascal; When there is an intraday buy that has triggered could we have the entry price so that if we miss it at the moment of execution we can enter a limit order at the same price?
Thank you.
Robert

Yes. We will add the entry price.


Pascal