The
NEW XXX Indicator is represented by 'Squares' on the Charts.
On
the Tool Bar,
Left Click the 'XXX Tool' to show the Indicators on
the Chart.
Right Click the 'XXX Tool' to Adjust the settings.
On the Chart,
Left Click any XXX signal to show a popup box with
details about the signal
Right Click any XXX signal to draw a Trade Calculation
from that bar.
Key:
'Open
Square' represents a new XXX Signal which has not yet
qualified.
The following prices have not yet traded through the Entry
Price designated by the Trade Calculation Tool within
the number of bars specified in the XXX qualification
settings.
This XXX signal is still pending.
'Crossed
Open Square' represents an XXX Signal which has become
Un Qualified
The following prices have not traded through the Entry
Price designated by the Trade Calculation Tool within
the number of bars specified in the XXX qualification
settings.
This XXX signal is complete as a non trade.
'Grey
Filled Square' represents an active XXX Signal that is
pending it's conclusion.
The following prices have traded through the Entry
Price designated by the Trade Calculation Tool within
the number of bars specified in the XXX qualification
settings.
Neither the Scalp Price nor the Initial Stop have been
Breached as designated by the Trade Calculation Tool.
The Trailing Stop is not used in this calculation.
This XXX signal is current and active.
'Green
Filled Square' represents an Potential Profitable Trade
- (Historic).
This represents a trade where the Scalp Line has been
met but without breaching the Initial Stop as designated
by the Trade Calculation Tool.
(This is only a guide to the potential profitability -
using a trailing stop could produce more or less profit
or a loss)
The Trailing Stop is not used in this calculation.
The coloured fill is only shown after the trade has completed
for historic reference.
One cannot trade from the Coloured Fill
'Red
Filled Square' represents an Potential Loss Trade - (Historic).
This represents a trade where the Initial Stop Value
has been breached without reaching the Scalp Value.
The Trailing Stop is not used in this calculation.
(This is only a guide however it is unlikely that this
trade could be profitable with the Trade Calculation Tool
parameters used)
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