december updated, 950 pips
M candles / Custom candles for second charts 1 reply
Indicator needed - showing pip difference between candles open/close 8 replies
Daily Divergent Candles Method 96 replies
Calculating only buy candles vs sell candles 2 replies
my ultimate alternative method 42 replies
DislikedZebulon...what in a case like this?
Let's say the sequence of candle starts like this:
---+-+
and your orders sequence is like this:
+-+-+-
now..you think to be in a range because the last 3 candles were +-+
so you start with - orders until the range finishes...right? YES
But what if the market does this??
---+-++- ??
Your orders would be like this??
+-+-+--- ??
Or like this??
+-+-+--+ ??
I mean...when the range is finished...how do you restart the sequence?? It makes difference because in the first case you...Ignored
DislikedBut what if the market does this :
---+-++- in blue we have a range (size=4)
the orders will be :
+-+-+++- we enter in the range in the wrong order, so when we detect the range (end of the 5th symbol) we stop the alternative mode and play the last symbol (here +) untill the end of the range.
So, at the end of the 7th symbol, we know the range is finished, so we restart alternative mode...Ignored
DislikedNo, that is not correct,
that is 50+50-50+100-50-100-200+50-50-100+200-50-100+200+50-50-100-200+50-50-100+200+50-50= -250 pips
But according to the rules, the trade should be
+ - - - - + - - - + + + - - + + - + + + - + + + - - + +,
+ - + - + -+ + - + - + - + - + - + + - + - - + - + - +
result = 50+50-50+100-50-100-200-50+100+50-50+100+50-50-100+200+50+50+50-50-100-200-50+100+50-50-100+200= 0 PIPSIgnored
DislikedZebulon wrote
Let's see the results for december :
-++++-+++---++--+---+---++--
+-+-+-+-+-+-+-+-+-+-+-+-+-+-
total = -50-100+200-50+100+50+50-50+100+50-50+100+50-50-100+200+50+50-50+100+50+50-50+100+50-50-100+200 = 850 pips
So you say that you change the order when range begin, but you only get good results here if you don`t do that and actualy you don`t do that there in blue. So it is not after the rules or how to understand...Ignored
Dislikedif you have price:
- + - + - - - + - + + + - + - - - - (in red the ranges)
+ - + + + + - + - + - + - + - + - + will be the orders.
In the first range we are in the wrong order, so +++ untill the end of the range. In the 2 other ranges we are in the good order, so +-+-+-
result = -50-100-200+50-50-100+200+50+50+50-50+50+50+50+50-50+50-50=200 pipsIgnored
Dislikedif you have price:
- + - + - - - + - + + + - + - - - - (in red the ranges)
+ - + + + + - + - + - + - + - + - + will be the orders.
In the first range we are in the wrong order, so +++ untill the end of the range. In the 2 other ranges we are in the good order, so +-+-+-
result = -50-100-200+50-50-100+200+50+50+50-50+50+50+50+50-50+50-50=200 pipsIgnored
DislikedHi Zebulon,
Have you considered the spread of 2 pips in your results. As there are a lot of trades the spread will affect the results.
Do you actually take each trade or just move the sl?
thxIgnored
Dislikedya my mistake! haha. this method like very easy to count wrongly! lol if use real money then count wrongly then die.
+ - + - + + - + + +
- + - - - - + - - +
-50-100-200+50-50-100-200-50-100+200=-700
am i right on this? i know this things seldom happen lol.
am i correct?Ignored
Dislikedthe spread in inside the candle. The price have 54 pips to move to draw a candle or a +, 50 for me and 4 for the broker.
I buy for example at 1.6200 (the sell price is 1.6196), i have a pending order : sell at 1.6250 (the buy price is at 1.6254).
If i play ++++ yes, i move the SLIgnored