Dislikedyou mean you think i win most at the end of the mounth if i use 50 pips candle instead of 20 ?
do you think 50is the most optimal or perhaps 100 ?
best regardsIgnored
But you can backtest with 20 or 100, it's easy but long
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DislikedBecause we are in a range, not a trend : the 3 previous candles are red, green, red, so i play greenIgnored
Dislikedthis night, we had 2 more candles and 50 pips more
total 250 pips for novemberIgnored
Dislikedbecause we are in a range, not a trend : The 3 previous candles are red, green, red, so i play greenIgnored
Dislikedthis night, we had 2 more candles and 50 pips more
total 250 pips for novemberIgnored
DislikedZebulon,
Interesting indeed. So to clarify, you don't care if the candle has long wick right. As long as in that 30 min it has move 50 pips then you count it? Also, if the candle that move more than 50 pips, say 110 pips in 30 min do you count that as 2 or still just 1.Ignored
Dislikedi canot understand the range and the trends.......
When or what the range is, i mean when to use this method......
Can u explain to me by an attachment when to use it and when not....Ignored
DislikedHello
Would it not be more LOGICAL if you were to trade against the previous closing candle.
For example, when green candle is drawn, open sell for next order.
If red candle is drawn, open buy for next order.
It makes easily 600 pips as opposed to 150 pips.
Also, lets not forget the spread... we can look at this later.
LOGICALIgnored