While I'm not active on forums and tent to avoid reading any information about trading styles or decisions besides my own, I can assure you that there is a well known and most overlooked setup that with the right conditions does work over 70% of the time and it's called PINBAR. You have to know how to filter them out and you wont get many trades, only 2 to 5 on D1 and H4 combined /mo and thats on 21 pairs. But hey, 4 good trades with good RR brings me in good return and I'm happy with that!
I've probably spent good 1 - 2 years testing over 60 years of data to come up with set of rules that work and then forward tested them, again setups don't appear that often, but when they do, they work.
I do everything manually, and while it's not a problem to check 20 - 40 charts at the end of the day, it becomes a hassle to do that every 4 hours. I'm not a programmer guy and that's why I put up this info - to find a good programmer and to make an indicator that will ease on screen hours.
None of the existing price action or candlestick indicators provide any required filters or features that are needed for positive outcome, well..... no wonder why......
If you're out there, and you know how to program and you're ok to sign NDA and keep information to yourself, we may have something to build together.
I've probably spent good 1 - 2 years testing over 60 years of data to come up with set of rules that work and then forward tested them, again setups don't appear that often, but when they do, they work.
I do everything manually, and while it's not a problem to check 20 - 40 charts at the end of the day, it becomes a hassle to do that every 4 hours. I'm not a programmer guy and that's why I put up this info - to find a good programmer and to make an indicator that will ease on screen hours.
None of the existing price action or candlestick indicators provide any required filters or features that are needed for positive outcome, well..... no wonder why......
If you're out there, and you know how to program and you're ok to sign NDA and keep information to yourself, we may have something to build together.