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need simple indicator for Daily green/red candle 2 replies

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Attachments: Daily green/red candle
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Daily green/red candle

Quoting WGChina
Hello dimdel Your Fibonacci index can be Shared, my Fibonacci parameters are not correct, the approach direction is not good.
change the fibo properties
Quoting mizi123
{quote} These is everything {image}
WOW, talk about selective memory, that should be

At first green or red candle .... that looks profitable ????

Attached Image (click to enlarge)
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If you chase two rabbits, you will catch neither one!
BRAIN.SURGERY Return This Year: 23.3%
Quoting Erebus
{quote} WOW, talk about selective memory, that should be At first green or red candle .... that looks profitable ???? {image}
For a beginer is enought to go throw later on for details
Quoting Erebus
{quote} WOW, talk about selective memory, that should be At first green or red candle .... that looks profitable ???? {image}

its so simple but complicated

I understand it as:

First change of color is a signal candle and you start looking to enter the trade on second candle exactly when it brakes hi/lo of signal candle
SL is low of signal candle
Tp is 150% 200 300 etc of signal candle

Time frame H4 H8 D1

Greetings!
Quoting Erebus
{quote} WOW, talk about selective memory, that should be At first green or red candle .... that looks profitable ???? {image}
IT ISNT ?
Quoting dimdel
Hi its too easy , no indis, just only 1 rule follow the color AND put pending orders to previus H/L RR:1/1 TF= D1 or H4 or H8 the MM is up to you work with 3 ways : i) in the first green /red candle or ii) in every candle or iii) every new color H8 candle ......................................................................................... examples i) in the first green /red candle - ( no in all red/green , must be the firts change ) {image} ii) every candle {image} iii) every new color H8 candle {image} [email protected] ("[email protected]")...
Hi Dimdel,
For all these 3 trading strategies lf you post template & Indicators below each example of chart... Then it will be helpful to all newbies. (In your 1st post )
Thanks
~hanuraj
Quoting Erebus
{quote} WOW, talk about selective memory, that should be At first green or red candle .... that looks profitable ???? {image}
Most of those pointed to candles do not get their high/low broken, so there is no loss there.
Quoting Erebus
{quote} WOW, talk about selective memory, that should be At first green or red candle .... that looks profitable ???? {image}
maybe you dont get the rules
if a order no active then cancel it
every order belong to previus closed H/L candle

Attached Image
Thanks for all the awesome comments and support guys, I will go check the rules

How about CADJPY? Would you enter today or wait for another green day?

What happened to the Follow The Monthly Candle thread, I can't find it?

Good luck all

Attached Image (click to enlarge)
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If you chase two rabbits, you will catch neither one!
BRAIN.SURGERY Return This Year: 23.3%
I have been finding good trades by entering when the Daily close is above the previous day's High or low

For example this chart at #1, closed below many days lows, enter immediately for pips even though it was huge day and many afraid to trade

And yesterday I buy on the open as the Close was above the previous day's High

I feel that this is the filter that you are looking for in this method, not waiting for 2 days to change color, use the price to show the direction

Any comments? The 20 SMA is there and Bollinger Bands to show price extremes, we all know price returns to the mean value.

Attached Image (click to enlarge)
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If you chase two rabbits, you will catch neither one!
BRAIN.SURGERY Return This Year: 23.3%
Quoting Erebus
I have been finding good trades by entering when the Daily close is above the previous day's High or low For example this chart at #1, closed below many days lows, enter immediately for pips even though it was huge day and many afraid to trade And yesterday I buy on the open as the Close was above the previous day's High I feel that this is the filter that you are looking for in this method, not waiting for 2 days to change color, use the price to show the direction Any comments? The 20 SMA is there and Bollinger Bands to show price extremes, we...

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Is the attached Trade Explorer taking trades every 8 hours or every 24 hours (day) like the title says?
Quoting 2+2=4ex
Is the attached Trade Explorer taking trades every 8 hours or every 24 hours (day) like the title says?
mix
According to the first post has nothing to do with trend channel, just need to wait for the green or red, but the back see figure, is waiting for the red candle, in the rising trend downward trend in the wait for the green candles, isn't it?
This is not my mother tongue.
Science and art
Quoting WGChina
According to the first post has nothing to do with trend channel, just need to wait for the green or red, but the back see figure, is waiting for the red candle, in the rising trend downward trend in the wait for the green candles, isn't it? This is not my mother tongue.
???
what you mean?
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hi dimdel
thanks for share this
i read about 40 pages .
should i read other pages till 189 ???
is there any new rules or filter more than below rules

1) a order dont closed till SL or TP
2) when price go to 150 fibo then we have TrSl 140 fibo , so the sl go to entry
3) if a pending order dont open then cancel and we put new pending
4) if we have open order (long) and the next day we have new signal short, we take both ( till SL or TP )

finally thanks for your reply
Quoting fulljob92
hi dimdel thanks for share this i read about 40 pages . should i read other pages till 189 ??? is there any new rules or filter more than below rules 1) a order dont closed till SL or TP 2) when price go to 150 fibo then we have TrSl 140 fibo , so the sl go to entry 3) if a pending order dont open then cancel and we put new pending 4) if we have open order (long) and the next day we have new signal short, we take both ( till SL or TP ) finally thanks for your reply
hi fulljob92

yes , right , go on

no need read all posts
If this was put into an indicator it would cut the time on placing a trade. Also I am kind of new to this what is MM and RR?
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