fxcodebase-backup
EFT Histo
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=71785
Forum: 17 · Topic 71785 · 2 post(s)
EFT Histo
Apprentice · Sun Jan 09, 2022 6:28 am
Based on the request. https://fxcodebase.com/code/viewtopic.p … 77#p144677
Re: EFT Histo
bartwas1 · Mon Jan 10, 2022 6:28 am
Hi Apprentice
Thank you for the indicator, a very good tool. It’s really nice for identifying turning points/price bias, but I wouldn’t specifically use it for trading entries - especially on smaller time frames - 15m and below. On 1h or 30m charts (I think is still too small - a 30m one) and higher ones these turning points are usually aligned with the asset moving up or down. On balance the higher time frame the better and in which case a change of direction may indicate the end of the trade. That’s my opinion. Test it, try it, before using with real money. Good luck. B.