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Why this is not Double TX

General Trading Forum General Trading Questions

MXGAININDIA November 10, 2020, 6:47am 1

gcnish November 10, 2020, 6:52am 2

Because the bar with your second arrow on it is not a reversal bar.

MXGAININDIA November 15, 2020, 6:01pm 3

So DTX is not necessary to be in the same direction

darrell November 15, 2020, 6:04pm 4

it must have a reversal TX within 5 ticks of the previous reversal TX to be a double TX they must be in the same reversal bar direction

TULSACITY November 23, 2020, 1:20pm 5

this is what i think:

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