Thanks for the response HB. You have summed up the reading I have done on them perfectly but the thing I can't get right is the box size and reversal amount. Is there a general rule of thumb, i.e. set up the box size to a value a bit more than the "noise" level and the reversal amount similar to your stop tolerance?? That is probably the best setup I have managed on any given instrument but I still stuggle to interpret them well.
What made you choose 1.22 on bhp?
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