for most brokers, but test it out in a demo account before you proceed. For Long, when price moves above H4, buy. The key to doing this safely is to remember which account is which. Target.5. Mean Reversion, however it has a flavour of Trend following too.
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You just need to enter the High, Low,Close values from the previous trading day for the selected stock and the pivot points would be calculated automatically. If you observe the below chart all the targets were met later in the day, while Stoploss was never hit. I don't mind so much that you cannot hedge, because I don't. These laws were created because allowing hedging and non-fifo trading can be confusing, especially to new traders. As mentioned in the introduction, Camarilla method works on the principle. For Long, wait for the price to go below L3 and then when it moves back above L3, buy. Learn more, crypto Trading Books, learn to trade Bitcoin, Ethereum and other cryptos with.
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