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Attachments: Digamber Shankar PATIL's DSP Candle Strategy
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Digamber Shankar PATIL's DSP Candle Strategy

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  • Post #341
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  • Apr 8, 2014 9:44am Apr 8, 2014 9:44am
  •  rocky1980
  • | Joined Apr 2010 | Status: Member | 64 Posts
Quoting conglom-o
Disliked
{quote} Yes, indeed. After finding out via an EA that DSP doens't work (for me) I came back to my roots. Anyone profitable just with DSP over the last few months?
Ignored
HI

it works... depends on other technicals getting correct... success ratio of 60 % almost...
major trends reverses... dont on EA ....


regards

rocky
rocky1980
 
 
  • Post #342
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  • Apr 8, 2014 10:27am Apr 8, 2014 10:27am
  •  conglom-o
  • | Joined Dec 2013 | Status: Heatball User | 23 Posts
Quoting rocky1980
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{quote} HI it works... depends on other technicals getting correct... success ratio of 60 % almost... major trends reverses... dont on EA .... regards rocky
Ignored
I wrote an EA based on the rules - and it doesnt work in the long run. Will upload backtest if wanted. Maybe you can use DSP as a filter but it is not profitable on its own.
 
 
  • Post #343
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  • Apr 9, 2014 10:23pm Apr 9, 2014 10:23pm
  •  rocky1980
  • | Joined Apr 2010 | Status: Member | 64 Posts
hi

conglom-o
and other members


please check this EURUSD Trade posted prev.
Attached Image (click to enlarge)
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rocky1980
 
 
  • Post #344
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  • Apr 9, 2014 10:25pm Apr 9, 2014 10:25pm
  •  rocky1980
  • | Joined Apr 2010 | Status: Member | 64 Posts
Quoting conglom-o
Disliked
{quote} I wrote an EA based on the rules - and it doesnt work in the long run. Will upload backtest if wanted. Maybe you can use DSP as a filter but it is not profitable on its own.
Ignored
hi

please check my modified rules posted in this thread....u may backtest according to that and try...


http://www.forexfactory.com/showthre...459503&page=10

check this page

regards
rocky
rocky1980
 
 
  • Post #345
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  • Jun 26, 2014 3:12am Jun 26, 2014 3:12am
  •  pipsbang
  • | Joined Apr 2008 | Status: Member | 64 Posts
Do you have any version for 4H timeframe, guys?
Price action is the most important thing
 
 
  • Post #346
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  • Aug 10, 2014 10:59am Aug 10, 2014 10:59am
  •  24hrs
  • | Joined Oct 2010 | Status: Member | 117 Posts
anyone have EA working for MT5
 
 
  • Post #347
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  • Mar 8, 2016 12:53pm Mar 8, 2016 12:53pm
  •  umairsheikh2
  • | Joined Oct 2014 | Status: Trend Trader! | 338 Posts
Quoting dokopy
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: {file} {image}
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How to OFF Signal line?

Which show this text 'Delete Signal line on exiting Indicator?'
I Win, I Lose, It's my Job... And I Love it!
 
 
  • Post #348
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  • Sep 29, 2018 9:18am Sep 29, 2018 9:18am
  •  24hrs
  • | Joined Oct 2010 | Status: Member | 117 Posts
Anyone still trading with it?
 
 
  • Post #349
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  • Apr 25, 2020 8:25am Apr 25, 2020 8:25am
  •  Denondj87
  • | Joined Dec 2017 | Status: Member | 52 Posts
Quoting Password
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What is DSP (DIGAMBER SHANKAR PATIL) Candle? DSP candle is the high impact candle (either Bull or Bear) in the specific period. How to Find DSP (DIGAMBER SHANKAR PATIL) Candle? Manual Method: Attach following indicator and template to any chart (Applicable to all currency pairs, stocks, commodities or any financial instrument). {file} {file} Look at candle length indicator carefully and observe its horizontal axis (ie zero line). If it is at center (ie.. both +ve and -ve sides equal) skip this chart. But if not, then check where it is shifted? Upward...
Ignored


hi your strategy and indi are very very intersting clear and simple i like that, i read the post until page 18 but what is the last file that can i download ? maybe at your first post or in other post, i had read some changes or upgrade thanks, sorry for elementary english
 
 
  • Post #350
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  • Last Post: May 20, 2020 3:06pm May 20, 2020 3:06pm
  •  bhatiaashish007
  • | Joined Dec 2006 | Status: Member | 22 Posts
very good strategy.Well although the DSP candle may not always give you a trade but whenever it gives, its profitable.Most importantly the DSP candle acts like a strong support or resistance .
 
 
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