XJO 0.47% 8,252.8 s&p/asx 200

mitta's - positioning for a bang thursday, page-34

  1. 22,593 Posts.
    Hi paddington,

    The amount of times one is stopped out with the use of that form of chart imo would be no different compared to other forms, just set your stop a tad larger than 1 brick size say outside the amount of bricks your using for your stops ie. say 2

    As you know they eliminate all the noise others may create and my first ref to it anyway was for a LT investor using the Coppock indicator who would quite possibly have very large stops

    Thats not to say they cant be used on much smaller timeframes

    cheers
 
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