Hello traders,
I am creating this thread to discuss trading strategies based on candlestick patterns with filters like MA , MACD , RSI,
Here is my strategy :-
I trade Outside bar, Pin bar and Shooting Start on 1h + time frame.
I checkout Yesterdays daily close if its bearish or bullish and based on short term trend i take trade in the direction of trend.
One of my friend has developed a candle scanner so i dont have to keep watching chart all the time and get alert on my mobile when ever pattern is formed. i use filters like MA and MACD .. till now i am getting good results with money management.
let me know your thoughts on it and your input on this strategy.
regards
I am creating this thread to discuss trading strategies based on candlestick patterns with filters like MA , MACD , RSI,
Here is my strategy :-
I trade Outside bar, Pin bar and Shooting Start on 1h + time frame.
I checkout Yesterdays daily close if its bearish or bullish and based on short term trend i take trade in the direction of trend.
One of my friend has developed a candle scanner so i dont have to keep watching chart all the time and get alert on my mobile when ever pattern is formed. i use filters like MA and MACD .. till now i am getting good results with money management.
let me know your thoughts on it and your input on this strategy.
regards