Quote Originally Posted by davidallison@shaw.ca View Post
It's interesting to watch it unfold. For daytraders, it seems if you take the RT signal, the question of closing or maintaning the position is answered in the confidence level. Thanks Pascal, Dave
The confidence look at the time left until the end of day and the distance to the signal.
This means that if the distance to the signal does not change, as we come closer to the EOD, then the confidence level will rise to 80% and then the short signal will be issued.

For a short signal not to be issued, then we need to move above the dotted short level.


Pascal