So this is donchian channel with its fibs level
the TF is set to 1440 min to show daily trend
the highs and lows of the channel is shown
so why this shit?
I like sometime to play on lower TF lets say 5 min chart or 15 min chart
So if I reduce the TF to 60 on 5 or 15 min chart I can get more realistic fib system then the regular that we normaly use
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...