Matthew Greenslet Idol   Posts: 2077 Joined: 2/27/2006  User Profile | The yellow bars show when a step executes an order or changes steps. So your Pending Signal bar (2 bars to the right of the first yellow line) completed, starting the tradeplan at the open of the New Signal bar (the bar directly after the Pending Signal). The high never hit the high of the prior bar and that bar completes. At the open of the next bar (first yellow line, I will refer to this as Step 1 bar) our NBar exit fires and submits a new Stop Market order for the high of the New Signal bar. Again the high does not cross our level and we repeat this process, drawing a yellow line on the Step 2 bar and entering a SM at the high of Step 1 bar. Note the high of the Step 3 bar (third yellow line) is suspect to being >= the high[1]. I cant tell from the screen shot. However if assuming it is not we should have entered on Step 4 bar at a value = H[1]. and our stop levels become active on this bar. I am not sure what they are but they appear to have fired on the Step 4 bar (Entry Bar, indicated by the vertical line in the vote line, and the exit indicated by the blue X) after the market (daily chart) filling at the open of the Step 5 bar (last yellow line). The little blue box after the blue X (or stop code) indicates a delayed exit. The second signal in the screen shot is correct. It never enters since High >= High[1] is never true. Really you should also see the dashed lines from the first signal drawn out over every bar that the order was in play and then just stop with the next bar blank. The reason being it is important to note those bars because a new signal can not be promoted to the vote line until that tradeplan completes. Just note this for now that if you see another new signal voted UNDER the vote line during 5 bars after your signal that is on the vote line and you are wondering why its not there, its because the tradeplan from the prior voted signal was active during that time. | |
