Daily green/red candle

well boys

the only sure is the sl and entry
the tp depend from your trading profile
personaly i prefer 1:1 , because i dont care about the trend and the big movement
i only care about candle momentum
in trend or in range

anyway
i am open to all of you if you will give me other way to make 10000 or 20000%
but first i must see itt , then is valid

no use only suggestions
i want proven ideas

thanks , friends

Hi dimdel
I love what I see. Can you explain more about candle momentum? Thanks!

<more specific please

dimdel, above you mentioned "i only care about candle momentum". What do you mean about this?

What is Momentum?
Momentum is the rate of acceleration of a security's price or volume. In technical analysis, momentum is considered an oscillator and is used to help identify trend lines.
In general, momentum refers to the force or speed of movement; it is usually defined as a rate. In the world of investments, momentum refers to the rate of change on price movements for a particular asset – that is, the speed at which the price is changing.
BREAKING DOWN 'Momentum'
Once a momentum trader sees acceleration in a stock's price, earnings or revenues, the trader will often take a long or short position in the stock in the hope that its momentum will continue in either an upward or downward direction. This strategy relies on short-term movements in a stock's price rather than fundamental value.
Momentum Examples
If a trader wants to use a momentum-based strategy, he takes a long position in a stock or asset that has been trending up. If the stock is trending down, he takes a short position. Instead of the traditional philosophy of trading – buy low, sell high – momentum investing seeks to sell low and buy lower, or buy high and sell higher. Instead of identifying the continuation or reversal pattern, momentum investors focus on the trend created by the most recent price break.
Think of it like the momentum of a train. When a train starts, it is accelerating, but it is moving slowly. In the middle of the trip, it stops accelerating, but it is traveling at a higher velocity. At the end of the trip, the train is decelerating as it begins to move slower. For the momentum investor, the best part of the train ride is in the middle, when the train is moving at its highest velocity.
Momentum investors like to chase performance. They attempt to achieve alpha returns by investing in stocks that are trending in one way or another. Stocks trending up are referred to as hot stocks. Some are hotter than others as measured by growth over a period of time. A stock that is trending down is cold.
Momentum Tools
Some tools for momentum investors help to define the trend, such as the trend line. A trend line is a line drawn from the high price to the low price, or vice versa, over a given time period. If the line is up, the trend is up and the momentum investor buys the stock. If the trend line is down, the trend is down and the momentum investor sells the stock. In this way, momentum investing is purely a technical indicator. Though the "momentum" can refer to fundamental measures of performance, such as revenue and earnings, it is most commonly used in reference to historical asset prices as a technical indicator.

Thanks mizi123. Nevertheless I'd like to know what dimdel is meaning about his statement: i only care about candle momentum

Anyway we all are friends here and try to help ech other i hope he will reply, but what i have understod by momentum candle he understand size of candle in certain direction in H4 he tells that trade candles biger than 80 pips, on daily any candle....

Well, that could make sense. Thanks! :-)

ok, enough for today

hehe
something want tell me this number

It's telling you you are 0.1% short of a nice number

Hi Dimdel,

I'd like to trade something like this, ONE trade per day. Or maybe one per 4H. But it looks like there is more then one trade per signal (1D), right? Did I miss some important post on this thread?

Thanks

by the way explorer is old only 129 days around 6 trading months in 1 year will be maybe 12 000%

hi boys

I have noticed that some makes comments,
and the comment is not because he has tried the strategy,
with good or bad results,
but everything is up to my own explorel
, how many lots , how many orders, etc,
i mean they dont try the system just want to undertand
just watchers , they dont trade

what finally worth?
to unterstand or to win?

i really dont know what they want
i can help them if ask it

no all of you, just some traders
( and as i see with trading experiance no new trader , so i am comfuse adout their intentions
anyway .... we go on

Hi!

I'll assume that you don't want to answer my questions.
No problem. I'll try the strategy by myself.

All the best.

I BELIEVE POST 1956 EXPLAINS HOW THIS IS TRADED
https://www.forexfactory.com/showthr...33#post8607233

However, the original strategy is Not the only contributor to the account growth.

Either way, the daily % gains are unrealistic .

They would be hard to replicate in a live account because human emotions (Patience, fear, greed) would influence the outcome.

Thanks

boys
you insist to decoding me
why dont trade?
start in demo is easy to catch 5000%
please do it- demo

and yes , i dont want to answer in all questions
i give the main idea no ready food

trade......

Dimdel,

The only problem is that the 5000% in your account, you are justly proud of, is NOT due to the "green-red" strategy, but to your OTHER trading.

We have ALL tried out the green-red, and saw it is NOT profitable alone, as it is. Your 5000% comes from your scalping which is not reported in this thread. Red-green contribution to it is marginal. This is why so many people try to "decode" it.