Quote from Albert Cibiades:
Analussys good. But english no so. So critickyse anallusys, but no the english. See exmaple in detach file anew tool. Is call tovip. In my langurage, not your. Defineition? In pswaedocode is:
tovip (currant bar)=
(high(currant bar)+open(currant bar)+low(currant bar))/3
How trade? In pswaedocode:
if(cloase(currant bar)>tovip(praeveus bar){trade long}
if(cloase(currant bar)<tovip(praeveus bar){trade short}
Exmaple show graet ES trade. ET need anew tool. Al give. Al like ET!
Isn't your "Tovip" calculation ((h+l+o)/3) just a deviation of the pivot point calcualtion ((h+l+c)/3)?
If this was supposed to be a joke thread, I apologize for inserting a serious question.
