Question Regarding Strategy Discussed in Gurukul - Heiken Ashi Course
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@Brijesh-Bhatia. Good Afternoon Brijesh ji, hope you are doing well. I have just finished your course of HA candle stick and must comment the clarity the course has given me. Thank you so much for an informative session. It has completely changed my outlook, perspective and way of looking at price charts. I am reaching out to you on Forum with a query. I have a question regarding the medium/long term MTF strategy discussed in the Q&A conducted on 24 September 25 ( Time stamp : 49 minutes). I just wanted to clarify that the purpose of the daily TF is just to time entries and the stop loss is based of the weekly chart ( is my understanding correct) . Also, as the trailing SL on the weekly chart is a 11/13 period DC lower band, does it come in play on closing period or is set in the system as to whenever price hits it ? what if the price hits the SL and reverses ? Would appreciate if you could kindly help. Additionally, I have a question on the workflow of the strategy. Is the list which is generated, needs to be generated EOB on Friday ? Considering that monthly is Bullish + RSI and the week closing is also achieved as Bullish + RSI at end of week, the list can be used as a list for the upcoming week and the position is entered as to whenever the daily condition is met ? The new list is then generated on the next Friday and is used for the week after that . Is my understanding of the workflow correct ?