lets say the price breakout on the high end of turn candle the next candle should be close higher than previous candle high to open a trade. and vice versa.
in short the current candle should CLOSE end of turn higher than the previous candle to open a trade position
hi there can i request to add an option on tha doncahin channel strategy
enter long when the price close above the middle line enter short when the price close below the middle line
exit on the middle line or outer line
so basically when the price close above it will enter long then if the price goes below the middle line it will close the long and enter a short position thats when exit on the middle line