need simple indicator for Daily green/red candle 2 replies
MT4 candle-by-candle manual backtesting 9 replies
How to make EA that send Open Price of Candle for every new candle 5 replies
Day's first H4 candle correlation to daily candle 14 replies
Correlation between first 4 hour candle and daily candle 1 reply
Disliked{quote} maybe you are right but i have see that the prices moves in trend 60-70% and in sideway 40-30% wrong? so if the sum is positive why i must concern ? unless there is a method with all the orders to win i would like to have this info pleaseIgnored
Disliked{quote} GBP/JPY almost hit my TP (by few pips) and start moving north so i closed this trade manually. CAD/JPY almost hit my SL (by few pips) and start moving north so i'm waiting for monday and we will see where she goes. If you look at H1 TF or lower TF You will probably see that the price didn't hit SL on CAD/JPYIgnored
Disliked{quote} Hi Dimbel you got it all the way around the market trends 30% to 40% of the time and ranges 60 to 70% . Unfortunately there is NO holly grail . My advise to you is to use this method when you feel that a strong trend has started then yes you will be profitable . try to use some sort of filter you will increase your chances of success and wont be caught on the wrong side of the market.Ignored
Disliked{quote} Hello dimdel, WOW....sorry for the late reply, will go through your thread and give my feedback. Like TRO says.... "Anything that you can draw a line on a chart has potential" 4xIgnored
DislikedHi dimdel, Interesting thread! My only question is the rationale behind taking an opposite position when there is a color change. Given that most times for instance if the market is trending upwards and there is a color change, it is highly likely a retracement for continuation rather than reversal. So I would keep your principles, of take profit for instance, but treat the color change as retracement until otherwise confirmed as reversal. Just my thoughts and questions. Not discrediting or anything like that.Ignored
Disliked{quote} hi Ruac yes many times we are in trend and the new opposite color are retracement i will tell my oppinion , maybe is wrong, but i would like to heard and other thoughts. so we are in trend 1) we dont know whenr start/stop the trend 2) we dont know when stert/stop consolidation 3) we see the 1) or 2) very later 4) the green/red way cant catch the big movement by a trend because in anyway we have TP 200 fib so we are out in the next trend and we wait new color( + or - ) 5) if we have retracement then let see what cases we have i= the prices...Ignored
Dislikedaudusd-d1-etx-capital.png Look at the bigger picture when trading this system Do not sell into support levels Do not buy into resistance levels Only sell in bearish markets Only buy in bullish markets This may increase your strike rate {image}Ignored
Dislikedaudusd-d1-etx-capital.png Look at the bigger picture when trading this system Do not sell into support levels Do not buy into resistance levels Only sell in bearish markets Only buy in bullish markets This may increase your strike rate {image}Ignored