SPC * Swollen PocketZ Crew!
Spot Forex vs CFD Forex: Are we really trading Spot? 11 replies
How to use Elliott Wave correctly? 28 replies
Doji on Daily NZDUSD indicates strong sign of reversal 0 replies
How To Correctly Identify The Trend 4 replies
Reversal Candlesticks 2 replies
Disliked{quote} LOL... a cross......a star......hiding in a bar.....la da dee da dee da da dee.......Ignored
DislikedNow you can get on it. Duh!! Just go with it when it takes off again. Whichever way! Be Reactive, fuck Proactive. ..I learn more about trading ...than probably anyone gets from reading them anyway. They have become training ... I actually learned 2 more things while planning ... I thought I could help someone and ended up helping myself again. A few weeks ago I learned to just let price come to me.Ignored
Disliked{quote} Beautiful Joe! The very reasons I try to answer questions is to both try and help those asking and by extension, myself by digging into it. I volunteered my summers to teach special need kids about computers. How to both build and use them. I'm still amazed at how much I learned (about far more then computers) by trying to answer their questions. So I only disagree with one point you made here, others (maybe not all) DO INDEED learn a great deal from your posts. Please never stop. After you catch you some fish that is.Ignored
DislikedIf the dojis occur in prior areas of supply/demand, this can significantly improve probability of a reversal. But as the screenshot demonstrates, nothing works 100% of the time. Here we see maybe 7-8 'reversal' candles (area B) that all occurred in an area of supply created by candle 'A', yet price broke further upward before eventually reversing. {image}Ignored
int candleState = -1; // bull=1, bear=0, doji=2 string pair = Symbol(); int tf = Period(); // can change this to meet MTF later if ( iClose(pair,tf,i) > iOpen(pair,tf,i) ) { candleState = 1; } else if ( iClose(pair,tf,i) < iOpen(pair,tf,i) ) { candleState = 0; } else { candleState = 2; }
double tolerance = X; // the value is depend on each TF, at TF M1 can be 0.0 if ( (iClose(pair,tf,i) - iOpen(pair,tf,i)) > tolerance ) { candleState = 1; } else if ( (iClose(pair,tf,i) - iOpen(pair,tf,i) ) < -tolerance ) { candleState = 0; } else { candleState = 2; }