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Posted
Thanks guys. Had the indicator on my chart for a day and a half and it has produced no breakout lines on any time frame. It just says 'no support or resistance lines nearby'. Surely that cannot be right as I have spotted several s/r levels that could have been traded.
Posted

i just dont understand how to use this system. Can someone explain. It create a box, and latter disappear, so how do I understand how to use it.

 

Please someone explain.

 

Regards

Posted

Ok...they just want you to look for a narrow trading range identified by a relatively close Support & Resistance. Once that range is broken on either side and is tested at-least once, they want you to enter the trade in that direction. It is a simple and hyped (going by the number of messages posted on this thread) pullback system.

  debabs said:
i just dont understand how to use this system. Can someone explain. It create a box, and latter disappear, so how do I understand how to use it.

 

Please someone explain.

 

Regards

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