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When looking at the signals provided by Encyclopedia, for example on bar 5, enter long:
Do you:
- enter at the open of this bar after the signal bar 4,
- or at breakout of previous bar(s) or at the close?
Thanks.
I'm pretty sure the encyclopedia is showing you stop order entries. The arrow is indicating the bar you're actually getting filled on. So like you said, bar 4 is the signal bar, you have a stop order set above it so as soon as the next candle opens and trades above the signal candle you get entered into the trade. not the open or the close, just when the bar trades above or below the signal bar.
