Offset

[Ironplates]

I am trying to get my head around this [offset] concept.

given the following condition:

Low (0) < Std Error (Period) Middle (0) +3 TickSize

I understand this to mean the following:

Take action if the Low is less than the STD ERROR midline [THREE TICKS higher than zero offset]

Am I correct?

[NinjaTrader_Bertrand]

Hi Ironplates, this would mean you add 3 ticks to the StdError midline and this becomes the trigger to check the current low value against.