Right, so the arrow doesn't mean 'take a trade', it means 'wait for confirmation on CSS TF bar close then take a trade if it's still there'.Wavegarrick » Mon Jul 31, 2017 4:06 pm wrote:A very simple answer John. You set to Css on whatever time frame you like, the entry will only come at the next Bar as per your broker when you trade superslope, so four hour will be at the next bar four hours late or I hr will be 1hr later,,,,, so if you are trading small timeframes against the higher timeframe super slope, always wait for the next bar on the higher timeframe before you look for your entry on the smaller timeframe.I suspect that I need to wait for the candle with the arrow to close but on this set up am I waiting for the close of the H1 (my chart TF) or H4 (my CSS TF)? Looking at history the moves seem to come in the hour after the arrow, and the move is often mostly done by 4h later so I would miss it if I waited for the 4h to close.
SL - I see 2 x ATR(20) being recommended as SL but again is this on chart TF or CSS TF?
All in all grasp this concept and you will go ahead in forex.
Hope I make sense.
Cheers
Leon
Thanks for the response.
John