Daily green/red candle | Page 215 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

need simple indicator for Daily green/red candle 2 replies

MT4 candle-by-candle manual backtesting 9 replies

How to make EA that send Open Price of Candle for every new candle 5 replies

Day's first H4 candle correlation to daily candle 14 replies

Correlation between first 4 hour candle and daily candle 1 reply

Attachments: Daily green/red candle
Exit Attachments

Daily green/red candle

  • #4,281
  • Feb 27, 2019 11:48pm Feb 27, 2019 11:48pm
Hello,

Could you advice, the filters that you are using to avoid bad false signals?

Thanks and best regards
  • #4,282
  • Feb 28, 2019 1:29am Feb 28, 2019 1:29am
Guardo i segnali D1 H4 [attach] AUDCHFH4.png; 3243003 [/ attach] [attach] EURCADH4.png; 3243006 [/ attach]
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCHFH4.png Size: 53 KB
Click to Enlarge Name: EURCADH4.png Size: 43 KB
  • #4,283
  • Feb 28, 2019 2:09am Feb 28, 2019 2:09am
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYH4 SELL.png Size: 49 KB
  • #4,284
  • Mar 20, 2019 11:32am Mar 20, 2019 11:32am
I need some help to choose a broker, suggestion??? i think abour ECN Tickmill??
  • #4,285
  • Mar 28, 2019 4:52pm Mar 28, 2019 4:52pm
Dimdel,
how much profit in % do you have in live account now?
  • #4,286
  • Mar 28, 2019 5:32pm Mar 28, 2019 5:32pm
Quoting gianniko
{image}
Where can I find this version of the ccpf indicator? It looks like it could be very helpful.
  • #4,287
  • May 9, 2019 5:24am May 9, 2019 5:24am
Quoting jorgeng
Dimdel, how much profit in % do you have in live account now?
the main thought is if the systen can help you
no matter if i have profits or no

the system work only with personal trading profile
  • #4,288
  • Jun 5, 2019 5:31am Jun 5, 2019 5:31am
no my friend this is no green red ( also no EA )
just a new try
lets see what will happen......
  • #4,289
  • Jun 5, 2019 8:09am Jun 5, 2019 8:09am
Quoting dimdel
no my friend this is no green red ( also no EA ) just a new try lets see what will happen......



the best for you!
ReAl MoDe: ON
  • #4,290
  • Jul 10, 2019 8:52am Jul 10, 2019 8:52am
Quoting dimdel
no my friend this is no green red ( also no EA ) just a new try lets see what will happen......
Hi dimdel. I haven't been to this forum since near the end of 2016. But I found some information that might be useful for someone to try and see if it helps making pips. In place of regular candles, use Heiken Ashi candles. Look at the daily chart. Before the market opens the next day, check the HA candle. If it has no bottom wick, expect an up day the next day. If it has no top wick, expect a down day the next day.

Also, open the 30 minute chart with HA candles. Look at the first HA candle. if it has no bottom wick, expect an up bias for the day. If it has no top wick, expect a down bias for the day.

I would have checked this myself, but my desktop computer power supply blew out, and I don't have it replaced yet.

drdave
To free Gazans of Hamas, use whatever it takes.
  • #4,291
  • Jul 10, 2019 9:16am Jul 10, 2019 9:16am
Quoting DrDave
{quote} Hi dimdel. I haven't been to this forum since near the end of 2016. But I found some information that might be useful for someone to try and see if it helps making pips. In place of regular candles, use Heiken Ashi candles. Look at the daily chart. Before the market opens the next day, check the HA candle. If it has no bottom wick, expect an up day the next day. If it has no top wick, expect a down day the next day. Also, open the 30 minute chart with HA candles. Look at the first HA candle. if it has no bottom wick, expect an up bias for...
Thanks for your comments, could you share some examples, what do you mean down wick and top wick?
  • #4,292
  • Jul 10, 2019 10:37am Jul 10, 2019 10:37am
Quoting blueman
{quote} Thanks for your comments, could you share some examples, what do you mean down wick and top wick?
I attached a daily chart with Heiken Ashi candles.

Green rectangle: HA candles have no bottom wick; next day likely to be an up bias.
Red rectangle: HA candles have no top wick; next day likely to be a down bias.
Yellow rectangle: White HA candles have no bottom wick; next day likely to be an up bias. Black HA candle has no top wick; next day likely to be a down bias.

Of course, it is not a PREDICTOR, just a higher probability; look at the yellow rectangle. The 3rd white candle with no bottom wick suggests next day with an up bias, but it probably moved down. HOWEVER, you must use the regular candles to make your entry decisions. These HA candles are for you to look at to see if they are any better at “predicting” the trade direction for the next day than using the regular candles and following the color. On days when there is a wick on both ends of the HA candle, you’ll have to follow the regular candle color for direction.

You should also keep a record of the HA candles with wicks on both ends and record the color. Then compare that with the color of your regular candles to find out if one is better at predicting the direction.

Attached Image (click to enlarge)
Click to Enlarge Name: HA candles_NoWicksForDirection.png Size: 111 KB
To free Gazans of Hamas, use whatever it takes.
  • #4,293
  • Jul 10, 2019 10:45am Jul 10, 2019 10:45am
Quoting DrDave
{quote} I attached a daily chart with Heiken Ashi candles. Green rectangle: HA candles have no bottom wick; next day likely to be an up bias. Red rectangle: HA candles have no top wick; next day likely to be a down bias. Yellow rectangle: White HA candles have no bottom wick; next day likely to be an up bias. Black HA candle has no top wick; next day likely to be a down bias. Of course, it is not a PREDICTOR, just a higher probability; look at the yellow rectangle. The 3rd white candle with no bottom wick suggests next day with an up bias, but it...
Thanks have a great day
  • #4,294
  • Jul 25, 2019 2:29am Jul 25, 2019 2:29am
Quoting DrDave
{quote} I attached a daily chart with Heiken Ashi candles. Green rectangle: HA candles have no bottom wick; next day likely to be an up bias. Red rectangle: HA candles have no top wick; next day likely to be a down bias. Yellow rectangle: White HA candles have no bottom wick; next day likely to be an up bias. Black HA candle has no top wick; next day likely to be a down bias. Of course, it is not a PREDICTOR, just a higher probability; look at the yellow rectangle. The 3rd white candle with no bottom wick suggests next day with an up bias, but it...
hi dr dave
well , try it and tell me your results please
3 yaers ago i tried with no profits, but maybe i was wrong.
go on......
  • #4,295
  • Jul 25, 2019 6:14am Jul 25, 2019 6:14am
Quoting dimdel
{quote} hi dr dave well , try it and tell me your results please 3 yaers ago i tried with no profits, but maybe i was wrong. go on......
OK. I looked at EURUSD June and July 2019. I selected first HA candles that had with no top wick or no bottom wick. I found 5 with no top wick, which "predict" next day to be a down day. I found 15 with no bottom wick, which "predict" next day to be an up day.

Of the 5 HA next day down "prediction" candles, all 5 corresponding regular candles agreed.

Of the 15 HA next day up "prediction" candles, 11 corresponding regular candles agreed and 4 disagreed.

Based on 8% of the group having disagreement, it would be worthwhile to either check a larger sample or keep a forward-looking record to gather statistics.

I do not follow this system regularly, so for me, it is not of interest to collect more data.

I did not do the analysis of the first HA 30-minute candle for wick to "predict" the direction for the day, but if I do, I will post it.
To free Gazans of Hamas, use whatever it takes.
  • #4,296
  • Jul 25, 2019 6:59am Jul 25, 2019 6:59am
I compared HA candle color to regular candle color of the first 30-minute bar for 29 consecutive days on EURUSD. 10 were in disagreement. For 8 of these ten (80%), the day completed as an inside bar, so no trade triggers. Therefore, there is no benefit to comparing the first 30-minute HA and regular candle colors.
To free Gazans of Hamas, use whatever it takes.
  • #4,297
  • Oct 26, 2019 9:19am Oct 26, 2019 9:19am
Quoting ChicagoRob
{quote} Where can I find this version of the ccpf indicator? It looks like it could be very helpful.
Attached File(s)
File Type: mq4 CCFp mtf 2.10- Simplied by R.mq4   21 KB | 513 downloads
  • #4,298
  • Feb 7, 2020 6:59am Feb 7, 2020 6:59am
hello dimdel I read most of the posts and I noticed how the strategy has been improved modification both in d1 and in h4 I tried to follow all the news and apply them to the market, but I feel that something is missing, so you can ask to create zip files with indicators and templates one for d1 and one for h4 / h8?
many thanks in advance
regards

PS : I have a bit of confusion between d1 h4 h8 I based myself on the first post and some final posts but I would like more certainties from you thank you
  • #4,299
  • Feb 7, 2020 1:57pm Feb 7, 2020 1:57pm
This strategy is very simple but you always need to be in favor of the trend. thatīs it. in the TFs selected by Dimdel you will get big movements that will for sure pay your losses. The trend is your friend. If you want you can stablish some conditions to determine this in a very simple approach, see if the candle violates the last candle up or down. if this happen in favor of the trend , good if not stay away. See picture ii in the first page.
  • #4,300
  • Feb 8, 2020 12:04am Feb 8, 2020 12:04am
Quoting Denondj87
hello dimdel I read most of the posts and I noticed how the strategy has been improved modification both in d1 and in h4 I tried to follow all the news and apply them to the market, but I feel that something is missing, so you can ask to create zip files with indicators and templates one for d1 and one for h4 / h8? many thanks in advance regards PS : I have a bit of confusion between d1 h4 h8 I based myself on the first post and some final posts but I would like more certainties from you thank you
hi
you only need a nude chart
no indis
the secret in the MM no the system

good luck
1 trader viewing now