Hi, I'm new to NB's 4H trading system. I have read all the manuals for the system and all the posts on this thread, but I still have some confusion about the RWB lines. Before I start demo trading this system, I was hoping someone here would be kind enough to help me out.
It seems that in some cases Bob takes trades that have RWB above/below the 85/15. In other cases, he takes trades where only one or two of the RWB lines are above/below the 85/15. Finally, in other cases he takes trades where none of the RWB lines are above/below the 85/15.
The sixths indicator and the BB seem to play a more important role in his decisions to enter trades than getting confirmation from the RWB lines.
Because of this, I'm not sure how to correctly use the RWB lines in terms of setting rules of entry. Marshy's overview suggests never taking trades where the blue line isn't above/below the 85/15, but seeing as Bob does differently, I was wondering if someone could clarify how to use the RWB lines when trading this system.
Thank you in advance, I really appreciate everyone's comments and support.
It seems that in some cases Bob takes trades that have RWB above/below the 85/15. In other cases, he takes trades where only one or two of the RWB lines are above/below the 85/15. Finally, in other cases he takes trades where none of the RWB lines are above/below the 85/15.
The sixths indicator and the BB seem to play a more important role in his decisions to enter trades than getting confirmation from the RWB lines.
Because of this, I'm not sure how to correctly use the RWB lines in terms of setting rules of entry. Marshy's overview suggests never taking trades where the blue line isn't above/below the 85/15, but seeing as Bob does differently, I was wondering if someone could clarify how to use the RWB lines when trading this system.
Thank you in advance, I really appreciate everyone's comments and support.