first testing trades with 0.01 lot, still open ant positive, result looks quite well
DislikedPlease tell the timeframe you are taking the signals from.
That helps others to evaluate and learn.Ignored
DislikedThe vendor has shut down his sales-website and from what I have read on some forums...
...but I prefer manual trading
and would only use the indicator in order to decide after an alert
if I would take the setup or not.Ignored
the candle before the one with the arrows was a valid signal candle.
At the close of that candle you could go LONG.Ignored
DislikedYes, I understand.
The candle you marked with arrows is indeed Candle 2.
But it does not fulfill the definition of a Reversal bar.
(What is the precise definition of all the reversal patterns ?
I found that a Pinbar must have its body 25 % of the wick to qualify.
Would be nice if somebody could post a manual or something where
all patterns are defined ... not foggy like "could be " but
I modified the indicators (Cobra_2 and Cobra_3) because I had it coded
that only if Open of Candle1 < blue top band , the candle was valid,