Another very profitable opportunity...risk 3-4 pips, earn more than 30 pips...

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profit +15 hehehe risking only 1,3 pips + spread

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Different GMT, by the way you can see the same from your chart

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How many trades were possible to do on this price level?heheheeh 1,7143 - 44

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image

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Your entry could be valid cause there's a strong low and next bar went down to hunt stop. By the way as i said in the first post it's better that the next bar break for not more than 4 pips include spread, this is only cause my trade management need ...

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Thanks to diamonddbw who saw first this good trade... What's happen on the 1,7075 -1,7074 level ?!?!?

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I dont have any statistic, by the way sometimes it's better that the 4h candle close with a big shadow after it forms the min or max... I dont care when it forms the high or low, i care if it's very strong, i care some price action, if it close very ...

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Even if could be a good opportunity , in this case remember that stop loss is too large for the way i use to trade, by the way you can use a different stop loss more large than mine, but remember that then also you take profit has to be more ...

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Well , it depends from your GMT time , my 4h close in 3 hours...but the way it look like a good 4h candle where they can hunt stop....we will see...

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Forex Lion you have to refers to a price levels, so it depend, sometimes a 4h low is equal to a 1day or 1 week low, so we shoul wait some bars later also.

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If you want to try to code a strategy like this i think we should change something. For example we should refers to some price levels and wait they will hunt the stop loss to enter. Price Level like daily high or low, or 4h high or low, strong ...

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Growthera, is possible to code in Mql4 ?

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thank you growthera, one problem in your test could be firstly that it 's refers only to already formed candle, in the charts you post there were a lot of opportunity and entry signal that we can't see now looking a past chart... sometimes there's a ...

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try in this way : open mt4 click on file and then click on open data file, there you find the folder for the indicators

Can someone help with these indicators please?

the normal setting , 20 period

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Thanks you very much Growthera for your time! I think all the entry level are good, maybe only some the strong min are not good...at least the candles to be a min have to stay in the low part of bollinger bands, even if the candle doesn't close out ...

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Risk 3 pips to earn 10 . Probably it go down for at least 10 pips..

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I use also other timeframes, also use price action, but the entry is based on hunting stop, it always happen, but sometimes we can see it on 15 minchart , other time on 30 min, or 1h or 4h.. By the way remember risk remain the same, while profit can ...

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Opss yes , thanks you! corrected !

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