This is a inside candle strategy based trading identifier. The basic idea is this
1. It will identify entry point if the previous candle was fully engulfed under the one previous
2. Then depending on the trend and your other indicators/thought process - you can take an entry
3. It is normally a good idea to keep the low of the bigger candle as your SL
1. It will identify entry point if the previous candle was fully engulfed under the one previous
2. Then depending on the trend and your other indicators/thought process - you can take an entry
3. It is normally a good idea to keep the low of the bigger candle as your SL
ملاحظات الأخبار:
added more comments
ملاحظات الأخبار:
Added condition of sma(high,9) as that gives better entry.
ملاحظات الأخبار:
Added more comments for user understanding
ملاحظات الأخبار:
Separated the long and short entries
ملاحظات الأخبار:
1. Added a trigger pointer to all inside candle formations, irrespective of their 9 sma placement
2. Based on available and repeated patterns, marked the long and shorts with higher success probabilities, primarily based on 9 sma, and candle wick size
2. Based on available and repeated patterns, marked the long and shorts with higher success probabilities, primarily based on 9 sma, and candle wick size
ملاحظات الأخبار:
Shortened the on screen text to make it visually cleaner
ملاحظات الأخبار:
Added 9 sma h crossover on 20 SMA marker
ملاحظات الأخبار:
Added short crossover as well