Candles , not indicators - Simple and Effective

First of all , don't trade on news , cause this is basically techincal , you work with candles , no indicators , so when everything from 1 minute to 1 month get together , we open a position in the direction of the candles.If anyone could improve the exit , right now I'm thinking just SL an TP.

Sorry for posting in the wrong place , and sorry for the text error "simples' where I live it writes like that
So , what do you think of my strategy folks , any opinion , where should I improve it , anything ?

"when the Moon is in the 7th house, and Jupiter aligns with Mars..."

Are you saying that when all the candles are the same color long or short - to take a trade in that direction? I'm thinking you mean MT4 - M1 - MN.
How many of these trades have you taken - or have back tested? I'm just curious how often such an occurrence happens.

Well, there's only one way to find out:


Here is an EA for this. A simple 1:1 ratio 15/15 TP/SL doesn't show much promise. (30% win rate)

I have adapted it to day trading , I'm using now from H4 and H1 to 1min , in some pairs so I can get many signals in a day , it is more then that , I won't enter in details here , if somebody wants to know you can PM me and contact by msn.I've tried yesterday and I got +50 pips on eur/usd , and would have got on eur/jpy if I had more discipline to wait , and I got today too on usd/chf , but it was on low time frames , so it wasn't so nice...
Rate get's higher when you use H1-D1 , and for everything to match , you would have to have an EA , it is better because you don't have to keep waiting all day long for this signal , and the pair must be active.
Any questions plz reply to this post

Thanks for the EA , it will be usefull

Please look this topic http://www.forexfactory.com/showthre...43#post2168843 , I will post my trades here , I'm using it but I have developed for H4 and Daily , but still candles line a lot in month-1min , it don't need to be a complete candle , just a forming one , and those you can let like 1min-1month running , I will test the expert this guy made for me to see that

Won't work due to repainting. Just like the MTF HAS.

I am sorry did not understand what you are saying here. Could you please explain in detail because I am just new to Forex and need help.

Candles are indicators.

I would agree.
I have been lurking in FF for months reading up on posts and have come across a lot of posts which describe indicators as useless, as they just show history. Yet they fail to realise that every thing on the chart is an indicator. Be it a basic trend line, a fib or even the candle itself.

I doubt if there is anyone trading, even those who disavow them, that doesn't use indicators.

AJM

Yes, candles are indicators so they still have flaws

However, candles are one of the best way to read price action nakedly on a chart.