Hello everyone. I’m new to this forum & stumbled on to this post. I tried trading HLC Bars last night and looking for input on whether I got lucky or this is correct use of HLC Bar… I have HLC set for rising green and falling red, noticed that I would see a blue bar come up now and then. On Aud/Usd I entered a short at 1.1000 when blue bar came up on 5m chart, combined with slow stoch confirmation (on multiple time frames) I rode it down to just past next blue bar at 1.0939, up 70 pips. I reversed position at 1.0940 as per blue bar and slow stoch oversold confirmation and even though it still went down to around 1.0910/15 range I got another 60 pips out of trade. Spent all night up trying this out and would like input. Did I get lucky or is this a proper use of HLC combined with slow stoch?...I’m trying to figure out how to save chart image to show. Any input is appreciated.
Thank you:
Thank you: