1) Will you be using the
"Trade Type 03----- > Second Chance
Sell Trade
This is a re trading on a Trend. Should wait until “color MA”changeit’s color to Blue, then change again in to Red and with MACD flip.
And the opposite for BUY orders.
NOTE :- Trade type 03 is bit risky. So use trade type 03 with your extra knowledge in forex trading."
Let me give a quick insight on how the candle-/bar numbers work on a chart, you will understand why I do this if you read nr 2 below, it all goes into an index, index 0 will be the bar that is busy forming, the 1st closed bar will be index 1 , 2nd closed bar is index 2, etc etc.
2) The Color MA repaints, so you won't always get signals on candle index 1 (that will be the last closed candle).
Your "instruction manual" clearly states wait for the close of the candle and confirm the color of the Color MA, the indicator might be blue on the last closed candle, but it can still change back to red up to 4 candles later, (that means your "blue change" is now actually up to index 4 (or maybe even more))
The only way we can overcome that is to specify the max amount of candles it can count back to see if the MA is blue or red.
Let me know please. Also how many bars back you would like to go, same for trading option 3, it says go back up to 6 candles for a MACD crossing ... (That's a lot of time on an H1 chart for a 20 pip target...)
