Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Winrate >90% - Unbelievable 4 me: omg 8 replies

unbelievable gains in myfxbook 33 replies

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

Something unbelievable just happened today... 1 reply

Attachments: New 8 candle patterns found, unbelievable accuracy!
Exit Attachments

New 8 candle patterns found, unbelievable accuracy!

Quoting tm9
I can save yall some time, if you don't mind listening. No type of pattern on earth can be a holygrail. The best possible patterns(like bat/crab etc.) can reach as far as 70% accuracy with 1:1 r/r. And that 70% accuracy aint enough(in scalping) to make profits, after your pay spreads & commissions. (As the OP's trading result suggests) 10pip tp against 50-60 pip sl automatically yields 80-90% accuracy! And that can be achieved via simple "coin toss". Get your own proof! visually test at-least 100 consecutive trades (of each pattern)(keeping the...
Please name all patterns that have a success rate of more than 50%. For PT = SL.
Please excuse the bad English via Google Translate.
Quoting dokopy
{quote} Please name all patterns that have a success rate of more than 50%. For PT = SL.
most chart patterns score 50%+ accuracy, (while r/r is 1:1)
double top
double bottom
cup-handle
bat
crab
gartley
twezzers
bear-belt
shooting star

But they still will kill your account, today to next year. Not to blame the patterns but trade-entry, spreads, commissions & "how peoples trade them".

How do i know?

I programmed & tested many patterns on real market data.

You know the worst agony which can happen?

some times, Your TP will be missed by 1.5/2pips! And whole trade turns into loss!

I have been into patterns for years. Market is Random af.
Is there a better pattern indicator than this one?
Attached File(s)
File Type: ex4 ZUP_v135_ALL.ex4   247 KB | 849 downloads
Please excuse the bad English via Google Translate.
You a subject weren't mistaken?
Quoting poruchik
You a subject weren't mistaken?
Are you the author of ZUP indicators?
Please excuse the bad English via Google Translate.
nen is author of ZUP
Indicator versions report different patterns, opposite direction, can not turn alert ... Enough lottery.
Please excuse the bad English via Google Translate.
  •  Skc
  • | Joined Jan 2018 | Status: Junior Member | 1 Post
Hi poruchik

can you make changes! with the following has been noticed. when the entry and exit of the middle candle is the same. (doji) the indicator gives a false signal. it is possible to show the doji if bullish or baerish seperat as a signal.

Best regard
Attached File
https://cdn-assets.forexfactory.net/...attach/mq4.gif 3 candles Shabs 19.mq4
Hi
looks nice strategy, but I could not understand the meaning of 9th candle?
From where to start count 9th candle?
Anyone still follow this strategy? Please update a latest indi/EA for me. Im newbie and looking a strategy to trade fx. Help me
Thanks all
profit：loss =50:50
Quoting Hairi
Anyone still using this method? tried to code for EA, but doubtful looking at indicator result. anyway, please have a look {image} {file}

Thanks a lot for your indicator....Would you please kind enough to give me the ninecandle.mq4 please?
After 4 years, anyone still using this pattern to trade fx? Can you show me result? Thank you and Happy New Year 2021
0 traders viewing now