High and Low Reversals Indicator + Day Trading Strategy

BenTen

BenTen

Administrative
Staff
VIP
@muztem This is for regular trading hours only, I believe.
 
J

jcga1981

New member
Hi, does the indicator only give signals to reverse put? not to invest call?
Thank you
 
BenTen

BenTen

Administrative
Staff
VIP
@jcga1981 Make sure you have extended market hours enabled.
 
J

jcga1981

New member
@jcga1981 Make sure you have extended market hours enabled.
I have not activated the extended schedule .... I am testing the strategy in OnDemand, ... I don't know if that will be the reason, but I am surprised that only PUT signals appear.
Could you tell me what is the criterion to predict the movement's reversal? I was observing that sometimes it gives a signal that is wrong and immediately recalculates it in search of a new signal ... but I would like to know what is the criteria used to use the indicator only as a confirmation ... Last, at what time frame is it more reliable?
thanks and sorry for so many questions
 
S

Spencer519

New member
For people who have tested this strategy/indicator is the 5m time frame the best time frame? I have been toying around with it on 1m and the arrows will show and then disappear since the price fluctuates above/below the line. I have not backtested anything else, was just wondering if anyone has toyed with multiple time frames and which seem to be reliable. Thank you!
 
moutic777

moutic777

New member
@Tesh01 Here is the scanner

5min: http://tos.mx/7LPlbl

15min: http://tos.mx/NqObqK
Hi, Thanks for sharing.

  • What does "within 3 bars" mean in your scan condition?
  • Previously, you said that scanner is delayed by 15 min, what do you mean? that the scanner in TOS only takes into account market data excluding the last 15 min?

thanks. I am beginner and am learning, please be indulgent.
 

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