Daily green/red candle | Page 30 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

need simple indicator for Daily green/red candle 2 replies

MT4 candle-by-candle manual backtesting 9 replies

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

Day's first H4 candle correlation to daily candle 14 replies

Correlation between first 4 hour candle and daily candle 1 reply

Attachments: Daily green/red candle
Exit Attachments

Daily green/red candle

  • #581
  • May 19, 2015 12:29pm May 19, 2015 12:29pm
hi all,

what about applying this strategy on 15M is there a results

thnx
  • #582
  • May 19, 2015 12:42pm May 19, 2015 12:42pm
Quoting remym17
hi all, what about applying this strategy on 15M is there a results thnx
Lower TFs are noisier, but it should still be a workable strategy. I like the daily, because I only have to check the candles
two or three times, instead of sitting in front of the screen all day, placing pendings, SL, TP, etc.

Chicago
  • #583
  • May 19, 2015 12:49pm May 19, 2015 12:49pm
Quoting ChicagoRob
{quote} Lower TFs are noisier, but it should still be a workable strategy. I like the daily, because I only have to check the candles two or three times, instead of sitting in front of the screen all day, placing pendings, SL, TP, etc. Chicago
me too hating stitting long time in front of the scree
  • #584
  • Edited 1:28pm May 19, 2015 1:17pm | Edited 1:28pm
plz help is current daily candle on GBP NZD a valid candle to set my T.P & S.L
  • #585
  • May 19, 2015 1:43pm May 19, 2015 1:43pm
Quoting remym17
plz help is current daily candle on GBP NZD a valid candle to set my T.P & S.L

what you mean?
  • #586
  • May 19, 2015 1:45pm May 19, 2015 1:45pm
plz take a look at GBP today's candle red previous green
  • #587
  • May 19, 2015 1:46pm May 19, 2015 1:46pm
this?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD.png Size: 50 KB
  • #588
  • May 19, 2015 1:49pm May 19, 2015 1:49pm
yes dear so i should set my short after today's close below the low of today's red candle
is this true?
  • #589
  • May 19, 2015 2:01pm May 19, 2015 2:01pm
YES

Attached Image (click to enlarge)
Click to Enlarge Name: ZZZZZZ.png Size: 51 KB
  • #590
  • May 19, 2015 2:09pm May 19, 2015 2:09pm
my last Q is the entry red candle should have lower low and lower high in case of shorts and the green candle should have higher high and higher low in case of longs

thanx
  • #591
  • May 19, 2015 2:15pm May 19, 2015 2:15pm
Quoting remym17
my last Q is the entry red candle should have lower low and lower high in case of shorts and the green candle should have higher high and higher low in case of longs thanx
NO

you just see the first new color candle
this candle have H+L
these 2 point we want
we dont care for others H or L

maybe someone with better english can explain if you dont get it
  • #592
  • May 19, 2015 2:18pm May 19, 2015 2:18pm
Entries per the rules, monitoring with price action.
Attached Image (click to enlarge)
Click to Enlarge Name: GR_5-19.jpg Size: 150 KB
  • #593
  • May 19, 2015 2:20pm May 19, 2015 2:20pm
Quoting ChicagoRob
Entries per the rules, monitoring with price action. {image}
no i understand you very clear me to not native English so we can understand us very well

thanks
  • #594
  • May 19, 2015 2:23pm May 19, 2015 2:23pm
so i have only 2 signals for tonight
the pending order at 00,0
  • #595
  • May 19, 2015 2:52pm May 19, 2015 2:52pm
Quoting ChicagoRob
Entries per the rules, monitoring with price action. {image}

you are star
  • #596
  • May 19, 2015 3:05pm May 19, 2015 3:05pm
Quoting mbc1
so i have only 2 signals for tonight the pending order at 00,0
??
why

in 28 pairs the 11 give signals

and i will trade the 4
  • #597
  • May 19, 2015 3:32pm May 19, 2015 3:32pm
How do u follow 28 pairs signal at once and which criteria u decided to choose trade 4 from 11
  • #598
  • May 19, 2015 6:38pm May 19, 2015 6:38pm
Quoting AbhijetPandi
Hi Dimdel, Please find attached EA. Basically to show all 28 pairs in which the candle is having color change on daily chart. Based on 1 Post, the previous and 2nd last candle are compared. If previous candle is different than last 2nd candle, the pair is shown with the current trend either up or down. If this is correct, then i was planning to trigger buy stop/limit or sell stop/limit on each pair. Also the pair button can be clicked to open a chart with desired template to cross check the previous candles. Please let me know if candle comparison...
I thing the EA doesnt work right. The previous candle and the 2nd last should have differ.ent color. I try it in 3 different brokers with 3 different results. The 2 broker of them have the same time but results are different. Even when i check one by one it doesnt match
  • #599
  • May 19, 2015 7:11pm May 19, 2015 7:11pm
First I have to thanks to Dimdel for sharing this profitable strategy.

I am reading this thread since it was started and testing this strategy on demo account. I was started with 300 USD and now I am with 1300 USD trading all currencies. And that is for 3 days.
So I want to bring you attention regarding the proper Money Management. Maybe, maybe there is the key for success.
I have attached 2 files and I hope that you are going to read carefully and understand the conception.

Best Regards Everybody.
And I wish you many, many green pips.
Attached File(s)
File Type: pdf DCASTFX_fixed_ratio_money_management.pdf   49 KB | 1,155 downloads
File Type: docx 'Fixed Ratio' money.docx   14 KB | 879 downloads
  • #600
  • May 19, 2015 8:23pm May 19, 2015 8:23pm
Quoting dimdel
{quote} one reason why i pulled out my account i can not be compared {image}
You were doing great yourself. No need to compare mate, your performance was great and everyone knows it
5 traders viewing now