You plotted a Zone Candle over the last closed Bullish Candle. That Candle is NOT a PTECZ! If you wanted to scalp those H1 Zone Candle levels, then you should have entered Short at the top of that Zone Candle. But you did not want to scalp, you ...

Price Action in Day Trading by Dadas

What about it? Which of the PTECZ rules did you apply here? How does this entry apply to the rule: Short at tops, Long at bottoms? If you did not understand and you are entering against all rules, you are going to lose. And then what? You are going ...

Price Action in Day Trading by Dadas

Trying to help solve such problems by posting is very difficult. We do not know a lot of things about your computer, your system, it is like quessing, only. Normally, you save the new updated version directly to the experts -> indicators folder. The ...

Price Action in Day Trading by Dadas

I know , but I had to scalp something before going to bed! image

Price Action in Day Trading by Dadas

image

Price Action in Day Trading by Dadas

I have London charts, I have NY charts, I have Warsaw charts, I have this London - 1 charts. It is not important. It is important that you see the real thing! You can look at other chart and only Open/Close Trades on your broker charts. I use the ...

Price Action in Day Trading by Dadas

Is this chart good for you? image

Price Action in Day Trading by Dadas

Current Candlestick on the chart is Index = 0. Then they go up to the left. When new Candlestick is complete, the index changes by +1. So, that is why the Pause function, because if you want a PTECZ to stay, you must Pause the indicator PTECZ ...

Price Action in Day Trading by Dadas

The charts I usually post are London -1 (at this time of year). But charts can be somewhat different, even candles can be different, depending on broker. If I must see what you see exactly, I need your platform. But, I already have so many ...

Price Action in Day Trading by Dadas

You are correct about the PTECZ. PTECZ is the reversal Candle to the trend Candle. So, yes, it is the second Candle, the one you prefer. If you had been in Long trade, you should look for close when you see PTECZ. On your M15 PTECZ was earlier. I ...

Price Action in Day Trading by Dadas

chfjpy image image

Price Action in Day Trading by Dadas

You know what, Guys? The PTECZ Diamond indicator function in the Custom_Zone_Candle_with_Index.mq4 is more fantastic then I though it would be! I am looking and studying it at PTECZ_Candle_Tf = 0 so I can see the PTECZs on every Tf, and what I see ...

Price Action in Day Trading by Dadas

On the H1 I see a Congestion (PTECZ). I know the price is at a historical Low. image I expect nothing, the price can go down or up. image Does this explain better?

Trading Gold with PA

You have reached the clue issue: I expect the price to either continue or reverse trend. It is the PA clues which must tell me where the price wants to go. I expect nothing. I read PA when the Price is in Congestion. I expect nothing. It is what you ...

Trading Gold with PA

And, the only clues for exiting are the historical S/R levels, or when the Price is rejected by the opposite side. Thus, my PTECZ which is the first Candle to reject the main trend.

Trading Gold with PA

Let's suppose we have identified the Potential Floor Level for GOLD on D1: image And, you will agree that was the direction Price was heading, maybe still is. We can switch to M5, if you wish: image What is there to write about, what you see on ...

Trading Gold with PA

Yes, you are right. Understanding the workings of the Candlestick. Then, you can see what is happening observing the M5 Candles in action, live. Clues are the Candlesticks and the information in them. My PTECZ are the result of this information and ...

Trading Gold with PA

Of course, I understand the idea of the Candlestick. I understand how Price builds the Candlestick. Thus, I understand the information the Candlestick carries. This is all you need to put the blocks together.

Trading Gold with PA

You do not need to write PA, just show me your chart with your trade and I know everything. Just show me your chart with a couple of Zones or lines, that is all I need. Your explanation is not necessary.

Trading Gold with PA

The only things I understand is why Price goes Up and why Price goes Down. I do not understand when it will go Up or Down, and I do not pretend to understand. I read the Price Action and make decisions based on Higher Probability that the Price ...

Trading Gold with PA