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| HGI 17 signal colours https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5823 |
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| Author: | lasten [ Mon Apr 27, 2020 3:02 pm ] |
| Post subject: | HGI 17 signal colours |
Hello, Very interested on this indicator. I've read the manual but seems to not be up to date (or maybe I did not find the right way to my question). I've uploaded to my chart and saw YELLOW and BLUE waves. I did not read anything in HGI manual about the signifficance of BLUE and YELLOW waves, I've read only about waves(nothing about their colour).... Please enlighten me! Thanks in advance! |
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| Author: | SteveHopwood [ Mon Apr 27, 2020 4:53 pm ] |
| Post subject: | HGI 17 signal colours |
HGI developed quickly in terms of wavy lines. The manual is slightly out of date in this respect. A yellow wavy indicates that the market has moved into a range. Consider closing trades. All the available EA's using HGI offer the choice of closing trades following a yellow wavy. Whether to do so or not is a judgement call. The market will eventually break out of the range, so the judgement call is whether it will break out for or against you. Blue wavy below the candle: strong long trend signal. Blue wavy above the candle: strong short trend signal. |
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| Author: | lasten [ Tue Apr 28, 2020 12:57 pm ] |
| Post subject: | HGI 17 signal colours |
Arrow hit the center! Thank you! I hope you know what I mean, I think I understand british humor. I don't know if you understand my humor and my english.... :youknow: |
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| Author: | SteveHopwood [ Tue Apr 28, 2020 1:22 pm ] |
| Post subject: | HGI 17 signal colours |
Yours was a useful question as it highlighted some missing information. I have inserted an explanation of the wavy lines into Bob's post 1 for those to come who are new to all this. |
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| Author: | renyl [ Fri May 01, 2020 6:34 pm ] |
| Post subject: | HGI 17 signal colours |
THANK YOU STEVE, I HAVE ALSO LEARN NEW THING WITH THIS VITAL INFORMATION |
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