Does leading candle have to be UP candle for buy setup and DOWN candle for sell setup?

NEW Candles Formation Trading -Petar Formation

Hi Graeme. Thanks for your hard work to show everyone your trading method. May i suggest something? You base your trades on high timeframes, but in lower timeframes we also have trends, flats, breakouts etc. So maybe instead of homework on history ...

Building an equity millipede

Hi Graeme. Thanks for interesting thread - the most interesting for me at current stage. What do you mean by diversification in case when we always enter buy and sell every .00 level. Do you mean that after some grows in one direction we have to ...

Building an equity millipede

I think thread starter trades 1-2-3 patternt of minor waves in derection of intermediate and major wave. The main issue is to define those big waves

Trend Trading With Support and Resistance

so, what is the purpose of this tread?

Trend Trading With Support and Resistance

Yes, it's clear. I fact i understood it by myself yesterday - it's quite obvious. So we have fibo in our chart and the rule of placing it is clear and without descrition - i like it Will you explane the meaning of each fibo level and how you use ...

Fibonacci insights

do you use Eliot waves in your fib trading? Practical question: for example we open new clear H1 chart, drop ZigZag indicator on it then we need to place your fibo tool, so which ZigZag wave we have to select to draw initial fibo?

Fibonacci insights

very intersting. Please keep posting

Fibonacci insights

In fact i do not use any fib-based system in my trading. I tend to trade by EA so i need system that can by formalized. By now i don't have any idea how to spot fib patterns automatically, so i'll be glad to hear you experiance in this field. Hope ...

Fibonacci insights

One hand up

Fibonacci insights

modeling quality is to low for your test. Did you test with 90% quality? I use alpari too but no trades from your ea

Simple H1 GBPUSD EA

indicator — here is indicator with period parameter. I tested this system by EA and results are you can use indicator to test in manually as trades are rare.

Using Price Action for Underlying Trend

Sum is for ex. (open1-close1)+(open2-close2) +(open3-close3) +(open4-close4) +(open5-close5) - this is your excel variant SMA is( (open1-close1)+(open2-close2) +(open3-close3) +(open4-close4) +(open5-close5) )/5 - this is your formula variant from ...

Using Price Action for Underlying Trend

error? — The formula is (SMA of open-close for last 5 period / SMA of high-low for last 5 period)*40+40 what do you mean by SMA? SMA is simple moving average, but in your excel file i see you use Sum of open-close. So this is different things. ...

Using Price Action for Underlying Trend

What are TP/SL or any rules for exit?

Simple scalping system, all red or all green

Yes, why?

The alternative method (50 pip candles)

sorry, didn't get all this + and - maybe someone will

The alternative method (50 pip candles)

some example of adjusment?? For example we trade like this 1. buy(1lot) =loose 2. sell (2lots)=loose 3. buy(4 lots)=loose so after thant we consider we are in range so we trade 1 lot again, but i didn't get hoy you adjust further orders in this case

The alternative method (50 pip candles)

So you just trader round numbers and you double your lot every time your loose but not more then 3 times?

The alternative method (50 pip candles)

And where is a trap?

The alternative method (50 pip candles)