Four Steps Trading Course |
|
JFC Self Adaptive Indicator Signals
Entry Point Exits
Entry Pt LX
Inputs: Sens(2), Fade(0);
This signal will cause a system to exit a long trade from any buy signal.
The exit will occur at the most recent support point as
defined by the JFC Entry Point Indicator. The fade input is also available for
this signal. See the manual section entitled Buy
Stops and Sell Stops – The Ultimate Purpose of the JFC Entry Point Indicator
for further details on the use of the entry point functions to define support and
resistance.
Entry Pt SX
Inputs: Sens(2), Fade(0);
This signal will cause a system to exit a short trade from any sell signal.
The exit will occur at the most recent resistance point as defined by the JFC Entry Point Indicator. The fade input is also available for this signal.
Entry Pt Exits
Inputs: Sens(2), Fade(0);
This signal will effect a both a long and a short exit from
any buy signal or any sell signal.
The exits will at the most recent support or resistance
point, depending on the current market position. The fade input is also
available for this signal.