The indicator contains a perform that draws arrows and shows The end result in the earlier indicator-dependent trade. This is extremely useful when backtesting.
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Risk administration – The p.c chance setting enables capping possibility for every trade like a percentage of account equity. cease losses support limit downside.
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The author of the idea, Ralph Elliott, identified eight variants of alternating waves (of which five are during the trend and three are from the pattern). The mo
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