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Dadas replied May 6, 2013We use only tools listed in Post#1. Any other on the way that are not listed in Post#1 are just extras. They are .mq4 - so for MetaTrader 4 platform. If you want to install them on MetaTrader 5 platform, you need to find someone who can rewrite them ...
Price Action in Day Trading by Dadas
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Dadas replied May 5, 2013The m-Candles.mq4 and m-Candles_ZoneCandle_Style.mq4 show a larger Tf Candles on a smaller Tf. On D1 chart you can only see the W1 or MN Candles. So, TFBar must be larger than your chart Tf.
Price Action in Day Trading by Dadas
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Dadas replied May 5, 2013Here is a little Forex art, for you!
image This is an unexpected result while I was working on some helper. This may be the hiddien message of the workings of the Market!Price Action in Day Trading by Dadas
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Dadas replied May 5, 2013@arkan1976 image The H4 chart shows a clear Bullish Trend since April 24. April 29 the Trend is still Bullish. The retrace on April 30 reached the Support H4 PTECZ almost exactly to the Pip. And the Level was strongly rejected - the Shadow. This ...
Price Action in Day Trading by Dadas
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Dadas replied May 5, 2013Well, from the point of view of CSCZ it is correct! But, this is only one part of the story. You have not included the Stops for your Shorts. Meaning, you recognised some Resistance but where is the Support? And, why do you Enter Short when signals ...
Price Action in Day Trading by Dadas
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Dadas replied May 5, 2013You can even have one in Zone Candle style! image
Price Action in Day Trading by Dadas
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Dadas replied May 5, 2013Here, use this one. For me, this one is better, if you still need it. I had already shown it before, guess some of you don't read all the posts! image
Price Action in Day Trading by Dadas
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Dadas replied May 5, 2013image You know for sure that TBCZ is TBCZ only when Trend Candle Closes. You know that PTECZ is PTECZ when PTECZ Candle Closes.
Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013Wrong! A PTECZ is a PTECZ! It is the reverse direction Candle with shorter Body! Sometimes the same or almost the same Body length. Sometimes PTECZ is also TBCZ. But, it is PTECZ first! But TBCZ does not have to be PTECZ first! image PS. Hammer or ...
Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013A practical hint! If you can recognise the TBCZ and PTECZ and see how to use them, but you have problems with naming them, for whatever reasons, it is better that you only plot them and not label them with names!
Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013Sorry P.Action! Generally the Zones are correct. Your naming isn't. Which means you do not understand the difference between TBCZ and PTECZ! image image image image Please, remove or correct your charts! Please, post 3 charts maximum until ...
Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013No, I normally open orders manually by One Click Trading. Sometimes I use Buy/Sell Limit. I do it like this: I open a small chart window for the given Pair or Security. I have this template with just black background and nothing else. I open on this ...
Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013OK. P.Action! I know you are working and you are getting the idea! Now, follow me, carefully: image You can use the Custom_Zone_Candle_with_Index.mq4 to better see the PTECZs. The little diamond under the PTECZ Candles indicates most PTECZs. Both ...
Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013
Everything makes logical sence! "Potential", because when you see PTECZ, you do not see the next Candles! So, you do not know if it is really the End or not. Anyway, in my opinion it is always the End of some Local Trend, because if the ...Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013Please, study the example just below your post, ie. Post# 1,637 Please, take any historical situation on your chart, do the analysis and show me where you would like to Enter, which direction, and where you would Exit. Please, add comments why.
Price Action in Day Trading by Dadas
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Dadas replied May 4, 2013Hello Starzu and Welcome! All your PTECZs are correct!
From the point of plotting PTECZs, it seems you have the understanding of what the PTECZ is. Now, comes the trading style factor. For your trading, you need those PTECZs which are ...Price Action in Day Trading by Dadas
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Dadas replied May 3, 2013What do you mean by "the expected reverse trend after that candle is going up"??? Where does your expectation come from???
Price Action in Day Trading by Dadas
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Dadas replied May 3, 2013I do not understand where you get your general conclusions from. I am posting in English. You do speak English in Toronto, Canada. I've been there, I had no problems communicating in English. Look at the above Trade: Post# 1,626 You have got to read ...
Price Action in Day Trading by Dadas
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Dadas replied May 3, 2013Man, you are late. That was 20 pages back! That is my Trade on the chart I showed you. A real Trade, not some imaginary do it like this! I am not pointing any Candles on that chart! This is how MT4 shows your closed Trades if you want it!
Price Action in Day Trading by Dadas
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Dadas replied May 3, 2013Those are the Zone Candles. H4 Index 0 and 1. I posted about this method earlier. Zone Candle 1: Custom_Zone_Candle_Tf = 240; Custom_Zone_Candle_Index = 0; Zone Candle 2: Custom_Zone_Candle_Tf = 240; Custom_Zone_Candle_Index = 1; This is Price ...
Price Action in Day Trading by Dadas