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Ali
Hi Peter on the NDX.X and 189/194 my tradestation software is showing on a closing basis a target of 14381 to 13870 not sure what that is the case ? Are you using a nick filter ? if my side is correct that we have seen the target already ?? Pls advise
JCtrader
Ali said:
Hi Peter on the NDX.X and 189/194 my tradestation software is showing on a closing basis a target of 14381 to 13870 not sure what that is the case ? Are you using a nick filter ? if my side is correct that we have seen the target already ?? Pls advise
Looks like the nick filter is set to either 4 or 5. I'm getting similar results on the NQ.D.
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Peter Eliades
Moderator
Ali said:
Hi Peter on the NDX.X and 189/194 my tradestation software is showing on a closing basis a target of 14381 to 13870 not sure what that is the case ? Are you using a nick filter ? if my side is correct that we have seen the target already ?? Pls advise
Yes, I thought I made that clear in a recent video, Ali. We went below it a few weeks ago (on NDX but not SPX), then moved back above it. At present, the only way to tell the software we want to use the late November high to measure the downside projection is to use the nick filter. In this case, I would use a nick filter of 5...
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Hi Peter on the NDX.X and 189/194 my tradestation software is showing on a closing basis a target of 14381 to 13870 not sure what that is the case ? Are you using a nick filter ? if my side is correct that we have seen the target already ?? Pls advise
Looks like the nick filter is set to either 4 or 5. I'm getting similar results on the NQ.D.
Last updated
Yes, I thought I made that clear in a recent video, Ali. We went below it a few weeks ago (on NDX but not SPX), then moved back above it. At present, the only way to tell the software we want to use the late November high to measure the downside projection is to use the nick filter. In this case, I would use a nick filter of 5...
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