Excellent question, Scott. Leave it to you to make a kill shot on the first try.
If there are 2 closely conflicting CZ's forming on top of each other, the one with the most bars and/or lesser height is the one we use. This is presuming no trades have been initiated. Once a trade goes live (2nd close, etc.), any subsequent CZ's are ignored until that trade has run it's course. After which, no more trades are taken until the next CZ forms, and so on.
The entire premise of this system is that the longer the CZ and the shorter the CZ, the more dramatic/volatile the impending breakout will be. This has been my trading style for over 2 years now, and it is what gives me my high hit rate. As far as this thread goes, I have not been ignoring these preferences, I have just been waiting for Squalou to have the time to implement the codes, since trading this live is actually somewhat difficult and/or tedious. Once the codes are in you will notice a dramatic improvement in the quality of the CZ's.
If there are 2 closely conflicting CZ's forming on top of each other, the one with the most bars and/or lesser height is the one we use. This is presuming no trades have been initiated. Once a trade goes live (2nd close, etc.), any subsequent CZ's are ignored until that trade has run it's course. After which, no more trades are taken until the next CZ forms, and so on.
The entire premise of this system is that the longer the CZ and the shorter the CZ, the more dramatic/volatile the impending breakout will be. This has been my trading style for over 2 years now, and it is what gives me my high hit rate. As far as this thread goes, I have not been ignoring these preferences, I have just been waiting for Squalou to have the time to implement the codes, since trading this live is actually somewhat difficult and/or tedious. Once the codes are in you will notice a dramatic improvement in the quality of the CZ's.
To improve is to change. To perfect, is to change often.