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- 281 Results (5 Threads, 276 Replies)
- d5400 replied 15 hr ago
Price reacts to source of break of daily low.
- d5400 replied Jun 3, 2024
On my chart it's an inside bar. Bear setup already played out in it. Even if bear, it'll still try to break its high.
- d5400 replied Jun 3, 2024
There are more opportunities if we use body lines as well.
- d5400 replied Jun 3, 2024
I tried it and it's a good start. But if you want to keep working on it, it will be good for it to update in real time, and to display multiple TF alerts per symbol. And so it doesn't jump, arrange it in a grid:
- d5400 replied Jun 3, 2024
I like it, but it kills my MT4. It hangs, could use some optimization. EDIT: seems ok after initial load.
- d5400 replied Jun 2, 2024
I simplified the code. Made it numeric. It's more to the point now. The point is that each candle has 4 lines OHLC. These lines can be crossed and they can be crossed back. We count lines depending on our setup. For longs we count lines beginning ...
- d5400 replied Jun 1, 2024
While dashboard is being designed, this can be used to observe three candle development on different timeframes.
- d5400 replied Jun 1, 2024
This is what acronyms stand for. You won't find them in Oxford dictionary . First two candles decide the setup, long or short. Then We want to trade in the direction of the third candle. Third candle will move and hit some lines. Current state ...
- d5400 replied Jun 1, 2024
We analyze three candle configurations. Necessarily we make a choice for short or long bias. And then either trade blindly and hope our choice is right or we look for signs that confirm our choice. First two candles decide our bias. And we look at ...
- d5400 replied May 31, 2024
Look at this picture. It doesn't place trades in MT4. I'm not sure what you are talking about.
- d5400 replied May 30, 2024
You don't need to know up front the direction. You just need to know that setup is currently valid on HTF. Then you can look for setups on LTF. Here's a less than ideal setup on daily: image We know it's working when 3rd candle is below 1st ...
- d5400 replied May 30, 2024
I marked third candle of flash setup. Sometimes third candles follow each other.
- d5400 replied May 30, 2024
Very good. BTW there was Flash setup on M30
- d5400 replied May 30, 2024
Results so far. I had to manage average some trades, had to close some in loss. This is just from looking at weekly and daily candles at the start of the week and looking for H4/H1 setups
- d5400 replied May 29, 2024
If 1st candle wick is non-existent, then it's body has to be considered. 1st. and 2nd. don't have to be bullish together, but 2nd candle has to be bullish to create a bullish setup, as long as 3rd candle opens above 1st candle close.
- d5400 replied May 29, 2024
3rd candle open is above/below 1st candle close
- d5400 replied May 28, 2024
Quasimodo is a very convenient setup for refinement. Recently a bunch of setups breaking daily highs/lows on M15 were quasis.