Hi guys,
what better time than these hot summer weekends to master some essential BloodHound techniques :). In the coming weeks, we'll highlight some of our favourites from Zac's Friday webinars. Remember, BloodHound is a helluva product that is well worth mastering!
So to start off, let's revisit this vid from April 9 and see how we can delay a signal by one (or any number of) bar(s) using the Lookback node and how we can change a Short signal into a Long and vice versa with the LongShort Modifier. These techniques will come handy as we start to define various conditions that we will want to be true on the same bar so we can get a signal. So, here we go. Enjoy.
Recorded on March 27th, 2015 BloodHound Template http://www.sharkindicators.com/downloads/?did=273 NT Chart Template http://www.sharkindicators.com/downloads/?did=274 0:32 - Detecting tight consolidation of the UniRenko and SiBacktestRenko bars, and then generate a signal on the first breakout bar. Followed by generating the signal on the second breakout bar in an attempt to eliminate a failed breakout of the first breakout bar.