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General Discussion / Re: how to buy at a percentage under the lowB
« on: April 14, 2020, 12:21:00 PM »took your advice and turned off the Take buy and take profit, just left BB with trailme for buying which i think is the same as bb with tssl.
and for selling i'm using Gain with a fixed 0.5% also with trailme also like a gain with tssl right?
but the setting i dont understand is the lowBB in the indicator settings
1 - Low BB set to 0 = entry point 157.37193000 PAX
2 - Low BB set to -10 = entry point 156.94266000 PAX
The setting is not being ignored as I initially though but is not what i understood from the wiki
"When set to 0, the lower Bollinger Band is the target. When set to 30, the target is 30% above the lower Bollinger Band - the upper band is at 100% from the lower band. Negative values are allowed."
so if i'm not wrong if i set the value to -10 the target would be 10% under the "Low bb" but i dont see how 0.42927 PAX would be 10% of 157 PAX, may be is not 10% of the price??? what i am missing here?
-10 is not 10% below the low bb price value. If, at a particular time, B is the price corresponding to high bb and A is the low bb price, -10 means {10/100*(B-A)} points below the low bb
Hope I'm clear.