"Buy on fear, sell on greed !!!
M candles / Custom candles for second charts 1 reply
Calculating only buy candles vs sell candles 2 replies
candles and trading lines 42 replies
Weekly charts trading (candles/bars) 2 replies
Daily Strategy Trading Journal - Trendlines, Candles & Channels 35 replies
DislikedIs this more like it in M15 sell setup?? maybe should close previous buy trade..Ignored
DislikedDo not want to mess this thread with Eas, but i've made one for myself because this pattern is easy to program (some discretion is only about weak leading bar). I like to trade daily naked charts and have 7 fully automated systems that works with good success. From my experiance EURUSD is the best pair for automated naked trading so I test every new idea on EURUSD daily chart.
This pattern shows 47-48% of profitable trades with 1:1 RRR from 2000 till now on EURUSD daily. In my test leading bar is concidered as weak one if it has shadow more...Ignored
DislikedDo not want to mess this thread with Eas, but i've made one for myself because this pattern is easy to program (some discretion is only about weak leading bar). I like to trade daily naked charts and have 7 fully automated systems that works with good success. From my experiance EURUSD is the best pair for automated naked trading so I test every new idea on EURUSD daily chart.
This pattern shows 47-48% of profitable trades with 1:1 RRR from 2000 till now on EURUSD daily. In my test leading bar is concidered as weak one if it has shadow...Ignored
DislikedDo not want to mess this thread with Eas, but i've made one for myself because this pattern is easy to program (some discretion is only about weak leading bar). I like to trade daily naked charts and have 7 fully automated systems that works with good success. From my experiance EURUSD is the best pair for automated naked trading so I test every new idea on EURUSD daily chart.
This pattern shows 47-48% of profitable trades with 1:1 RRR from 2000 till now on EURUSD daily. In my test leading bar is concidered as weak one if it has shadow more...Ignored
DislikedThat is why you have relative 50 50 Results,becouse we dont need 50 % of body from leading candle,this formation is very hard to program becouse we can have 1 pip weak on high of leading that will also be setupIgnored
DislikedI optimised leading candle - EA checked many, many combinations of how leading candle may look.
I do not believe than one single candle can not be programmed to check is it weak or not. If you take into consideration supports/ resistance levels to prove candle as weak one - that is another question, but if we talk about one candle it surely can be recognized by computer - that is my opinion and experianceIgnored
DislikedI optimised leading candle - EA checked many, many combinations of how leading candle may look.
I do not believe than one single candle can not be programmed to check is it weak or not. If you take into consideration supports/ resistance levels to prove candle as weak one - that is another question, but if we talk about one candle it surely can be recognized by computer - that is my opinion and experianceIgnored
DislikedGUys i created another picture to undestand matematicly what you looking !!!!
LOOK PICTURE > > > > >Ignored
DislikedPetar, your rules seem to be changing throughout this thread.
Tell me if I understand you correctly:
1) This is a 3 bar set-up:
The first candle is called candle #1.
The second candle is called the leading candle.
The third candle is called candle #2.
1) According to your rules in your opening post, the BODY of the leading candle must be SMALLER than the BODY of candle #1.
2) The leading candle must have a lower low than candle #1 for longs and a higher high than candle #1 for shorts.
3) The RANGE of the Leading Candle measured...Ignored
DislikedPetar, your rules seem to be changing throughout this thread.
Tell me if I understand you correctly:
1) This is a 3 bar set-up:
The first candle is called candle #1.
The second candle is called the leading candle.
The third candle is called candle #2.
1) According to your rules in your opening post, the BODY of the leading candle must be SMALLER than the BODY of candle #1.
2) The leading candle must have a lower low than candle #1 for longs and a higher high than candle #1 for shorts.
3) The RANGE of the Leading Candle measured...Ignored
Dislikedboth entries on 15m and H1 setup performed already more R:R1:1, adjusted SL, price currently around support, finger on trigger once trade cannot be maintained.Ignored
Dislikedboth entries on 15m and H1 setup performed already more R:R1:1, adjusted SL, price currently around support, finger on trigger once trade cannot be maintained.Ignored