of this page. I actually prefer to use tools that are objective mathematically so that I dont have to depend on my discretionary evaluation. Price action trading strategies, so Ive got a cycle indicator that I use. Now, if we were to look at this, the halfway point between the low and the low.
Secrets of successful Intraday Trading - Bramesh's Forex Expert Advisors EAs for Metatrader (MT4/MT5)
Now, if the high comes into the right of that midpoint, then its called rate translation. It came into the left of the midpoint between the low and the low and then that would be called left translation. And Im obviously doing it on paper or simulator trading before, but I give you all the rules absolutely free. So what rate translation means is if we look at this whole cycle, okay? Screens, order Book (F3 For all your pending and completed orders. Essentially, thats another way of measuring what I was just talking about, that the market has spent more time going up than it has been going down.