| Pipboxer Visual Aids |
| Wednesday, 12 March 2008 | |
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PipBoxer uses some visual tools to show you the result of its analysis. The visual aids help you to have a better understanding of the PipBoxer movements and decide whether you want to let it trade for the day or not. There are three possible situations:
No Trades TodayIf you see the peach box on the chart but there is no other visual elements on the chart this means that PipBoxer has analyzed the market but has decided not to enter any trades for the rest of the day. See the image.
Long TradesIf you see the peach box, a green up arrow, and a green stripe then PipBoxer will enter a long trade if the Ask price falls into the green stripe. The length of the green stripe shows the approximate validity of the anlysis. See the image.
Short TradesIf peach box, a red down arrow, and a maroon stripe appears on the chart it is most likely that PipBoxer will enter a short trade. To enter a short trade the Bid price needs to fall into the maroon stripe. The following image gives you a better view of this condition.
Some Notes
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| Last Updated ( Wednesday, 12 March 2008 ) |