MT4 candle-by-candle manual backtesting 9 replies
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Day's first H4 candle correlation to daily candle 14 replies
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DislikedHi guys I got this from internet. 3 candles strategy. Ok the color of the first candle does not matter. I will only explain sell strategy all you have to do is reverse it for buying. We have a bullish market. Second candle's high is above the first candles high and second candle's low is above the first candle's low and the second candle closes as a bearish candle. We open a sell when the 3rd candle opens. Our sl is on top of the high of first candle tp is at the close of the 3rd candle. Last filter is optional. First candle's volume is lower than...Ignored
Disliked{quote} Tnx, what are the arrows and dots? Are they from oma ally? Did u notice when 50 ema is between the other moving averages the price bounces between them like a ping pong?Ignored
DislikedHarryPlopper, myself and a couple of others also investigated something similar on a three-bar pattern thread a year or so ago. There truly is nothing new under the (fx) sun.Ignored
Disliked{quote} i haven't read up on Harry Plopper in a while but isn't this exactly it?Ignored
Disliked{quote} This is similar to blow off bar(pinbar) but difference is that it does not have to be a pinbar. And it is very strong if the signal candles volume is bigger than the previous bar.Ignored
Disliked{quote} i haven't read up on Harry Plopper in a while but isn't this exactly it?Ignored
Disliked{quote} Yeah, that was my thinking. We did fragment off into three different variants - which is why the thread died, lol.Ignored
DislikedHi Dutchsignals, Do you mean close above below previous candle? Some more thoughts please? Thanks RIgnored
Disliked@lemercenaire,i don't know why that harry plopper thread was abandoned,there was a lot of good winners shown,i hope this thread sort of carries on with it .Ignored