Trade Setup and Trade Entry
Question: we dont have access to the codes, so what is the reason for having a BUY signal and a BUY setup. When do they differ, or do they always appear in the same bar?
All signals indicators and strategies using the signals indicators have a common set of features as outlined in the guide at http://help.microtrends.co
and here:
http://forum.micro-trends.co.uk/topic886-bitwise-trade-setup-and-entry-parameters.aspx
Trade Setup Mode
A trade setup may have 1 or many modes and candle filters,
Green dot = Setup long
Red dot = Setup short
Trade Entry Mode
a trade entry can be with setup or many other price action combinations and candle patterns
Green triangle = Trade entry long
Red triangle = Trade entry Short
Rationale
For the Trader:
The rationale is generic, extensibility and ease of use.
Once the user understands what a "generic" interface/parameterset is they will be able to program many different approaches and studies.
Also a lower cost of ownership and speed to market.
MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/
Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums
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