Hello HD
Could you kindly give us some definition of the bars/candles that you use to use as KRB, WRB, NR7, NR4, etc, etc, and the way that you incorporate them to your trading style, I know that it is not VSA, but I see that you mixed very well with VSA rules.
Also, if you indi your BPL is for MT4, could you attach it?
Thank you in advance!
Could you kindly give us some definition of the bars/candles that you use to use as KRB, WRB, NR7, NR4, etc, etc, and the way that you incorporate them to your trading style, I know that it is not VSA, but I see that you mixed very well with VSA rules.
Also, if you indi your BPL is for MT4, could you attach it?
Thank you in advance!
QuoteDisliked3. KRB(type2). Not technically VSA. This is an Reversal Candle from a pure price action standpoint. The market opens higher than the previous close but makes a lower low than the previous candle. However, it closes higher than the previous close and higher than its own open. Such price action can only represent strength. Had the volume been less than the previous two, we would be sure this is a "hidden Test". As such it is still a hidden test, but the volume is decreasing and not less than the previous two. Advanced candle recognition here, so...