breath of fresh air youve been looking. Contrary to what you may have been told, learning to trade like a professional is NOT that difficult or complicated and does NOT require lengthy "training" or expensive, complicated software. Buy above R3 sell below Pivot. Thats what DecisionBar Trading Software is all about. Technical analysts take the full advantages of the power behind. DecisionBar Trading is real trading - no gimmicks. A few bars later, DecisionBar determines that a new resistance level has formed. In this scenario, you should buy the stock/underlying above R1 (if the price reaches above R1) and sell below Pivot(if the price goes below Pivot).
With DecisionBar you will know not only where the market has been, but where it is likely. The price is below the Pivot but above. In addition, the Average True Range stops have both Static and Dynamic settings. DecisionBar works on any interval chart. You only enter or exit a trade if you feel 100 comfortable with your decision. A trade that's in-sync with the market. The signals are delayed. Then click on the link below to view the video. Pivot, normal Values, r1, r2, r3,.