by Silver23 » Fri Feb 05, 2016 2:44 am
Hi,
A small observation which could be insignificant. I have the MAE averages indicator, as well as the breakout indicator plotted on a 30 min chart. In most instances; if price moves above/below the averages middle, inside or outside the purple box, a high probability move in that direction is noticed. This is especially true when the averages slope. The move ends when price returns to the outer bands. Is there a correlation between those indicators that could assist in the development of a strategy?