Trade The Turn Agnew version

Any IB's here ?

Looks nice bro can you explain more ?

https://www.mt4collection.com/collection/stoch-candles/

download the stochastic indicator from here

attached template

Looking for sell

make sure the setting i 50 50 for the stochastic overbought oversold

you don't need i reg , if the daily stoch is green then go to the 1 hour and if its green just enter

you can use a stop loss but i prefer a daily time frame colour change as a stop loss

so basically if you trade London open and the 1 hour is green in line with daily just enter , if it turns red hold that trade until the daily turns red then only exit if daily is red ,

so red on the 1 hour is a pullback or potential reversal

if the candles are red at London open wait for green to enter in line with daily green

new rule

you enter green candle after red on the 1 hour if daily is green opposite for sells

stop loss is the same daily colour change

attached is a template im testing for the 1 hour timeframe , it will work on any timeframe , but for day traders this is good

basically if the candle is green for example ,, wait for the price to hit the lower 2 ema low to enter long , this is buy low sell high

use a 15 pip stop loss and a 20 pip exit

get your 20 pips a day and stop,

don't overtrade

wait for the candle to close past the 2 ema high or low before entry

EA would be good

the entry is precicese

stop loss is a 1 hour colour change

target 20 pips

good luck


use majors pairs

update

try for 40 pip take profit and a 40 pip hard stop

hi

im now trying my luck with fractals

basicly when the candles are grren for example , look for down fractal it shows higher low , then enter , its on the first higher low not in second higher low

red candles use fractal high lower highs

get your 20 pips a day and stop

use common sense ,


get your 20 pips a day and stop


dont buy near a reacent high ir sell near recent low it is less likely to work

there must be a clear gap in price action before considering an entry

olace your stop loss above or belowthe fractal

this is exact opposite of how to use fractals but it works very well.

here is what i notuced

the price must close inside high low of the fractal candle

if it closes past it avoid

15 pips target is much better

this is my final post here

use a 15 pip stop loss and 15 pip target

risk rewards 1:1

im using the 1 hour timeframe