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This entry method is based on values calculated from the Previous Candle. The time frame of the previous candle to use can be set with PCTF.
If PCEntry is set to
0, then this entry method is not used. If set to
1, Evolution will place a LONG trade when the price is above the value calculated by PCMethod plus PCDistance, and a SHORT trade when the price is below the PCMethod value minus PCDistance. If set to
2, then Evolution will place the reverse trade i.e. a LONG trade if the price is below the calculated value, and a SHORT trade if the price is above the calculated value.
All trades will be placed with the trend.
Default is 0
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