sobhan replies to: I will code your EAs and Indicators for no charge

forex
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Good evening T4Trade.

I don’t consider your question to be stupid. We learn by asking.

I use the weekly open line along with the daily open line to give me a general direction for the market for short term trades(1-2 days). If the daily line is below the weekly line, I look to go short, if above the weekly line, I look to go long. It gives me a birds eye view to help me locate trades in the trend direction for the day.

I also will use the weekly open line on a 4 hour chart to help look for longer term trend trades that I may keep open for several days.

Good Trading.

1greyfox

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