Highest Open / Lowest Open Trade

Quoting mahanfx

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I use the buy high and sell low model. But not every high and low. I trade manually. And the next thing is I have a detailed and long-term backtest of almost 5 years. I wanted to see if you have a specific filter for trading high and low? And is there a specific and accessible backtest or live test?

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Quoting TooSlow

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{image}

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Quoting mahanfx

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I use the buy high and sell low model. But not every high and low. I trade manually. And the next thing is I have a detailed and long-term backtest of almost 5 years. I wanted to see if you have a specific filter for trading high and low? And is there a specific and accessible backtest or live test?

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Quoting andachong13

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Hello TooSlow, thank you for your sharing. I am working hard on my studies. I have read the PDF document and noticed this sentence in it: "we see that we are looking for a set up after the close of the 2nd Hour of the New 24 Hour trading day". Could you tell me how I should interpret the chart below? Candlestick A is the first 1-hour candlestick of the day and should be ignored; we should start looking for the new highest or lowest opening price after the close of the second candlestick. Q1:Therefore, is Candlestick C the current lowest opening...

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Quoting tantra

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AU sell +5, buy +5 {image}

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Quoting TooSlow

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{quote} A new lowest open ALWAYS has to be lower than the daily open. A new highest open ALWAYS has to be higher than the daily open. Does that help mate? Cheers!

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