Bill Graves Veteran   Posts: 125 Joined: 11/25/2006 Location: Phoenix, Arizona  User Profile | Dale, You're right. Retracements to the 20 EMA are powerful. But the 20 EMA is just a guide line. It is more the pattern that we are interested in. The probability of a successful trade dramatically increases if the ADX remains above 25 (Don't remember if I have already posted that in this thread or not -:) ) Unfortunately, you would need OT Pro for programming retracements to the 20 EMA, in my opinion. To program the pattern, we would need the Nirvana team, I fear. I still use this pattern nearly every day. Regards, | |
