I don't see anything extra added by using a P32, at least not on these symbols. GBPCHF [P32 | D1] image GBPUSD [P32 | D1] image Masterrmind............

Quad Candle System

Yes same reason I left it alone for the longer term ... swap rate unfavorable. However, if I was keen to trade it, a swap free or very low swap rate broker can easily be sourced. At the end of the day I wasn't that keen to trade it since I know ...

Quad Candle System

GBPCHF [P256 | W1] image GBPCHF [P64 | W1] image Masterrmind..............

Quad Candle System

Nice to know you don't use them. Masterrmind.............

Quad Candle System

Higher TF confluence ..... so ideal for longer term trade setup ... shorter term ie intraday well then that's another story. GBPUSD [P64 | W1] image GBPUSD [P256 | W1] image Masterrmind..............

Quad Candle System

SL at a bare minimum ... 1 OG ... 61 pips ok. I would have been in the long from the Lower Extreme zone (shown by the blue diamond in the chart) however, the swap long is not ideal so I would have searched for other opportunities. image My bias is ...

Quad Candle System

Notice how a Quad Long developed later in the Lower Extreme zone but I didn't engage ... simply because I was already in a setup. Provided risk across the account is within the rules then ofcourse another long from the Quad Long signal in the Lower ...

Quad Candle System

Now the completed Buy Limit orders applied using identical trade setup as per original entries. image The 'secondary' entries need not be the same as 'primary' but I've kept them identical here for simplicity sake. Now all I need is for price to ...

Quad Candle System

Here is what I meant by adding in the pending orders. image Buy Limit order at same entry price as 0.02 lot trade. Buy Limit order at same entry price as 0.01 lot trade. Stops between 1 to 2 OGs. Same target price @ 1.31836 (uniform for every ...

Quad Candle System

Note the zones of resistance on the following chart and where the sellers came in with force on multiple occasions. image These are what I refer to as obstacles to price, likely chance that price may pullback a little or perhaps a lot. Lets see ...

Quad Candle System

I tend to apply Harmonics, Fibs, S&R zones, key price levels and a few other techniques when manually trading intraday. Time Frames I use for intraday are M1, M5 and M15 unless trading on MT5 or other platforms then I use any TF up to M15. My ...

Quad Candle System

Primary preference though is simply D1 TF and P64 for longer term trading and collection of positive swap. I have my methodology for determining appropriate P's for any given symbol on any given TF especially for intraday trading however, a trader ...

Quad Candle System

I tend to reject settings that show high frequency of bars that cover more than 2 OctiveGaps. This is a clear indication to me that a higher Octive should be investigated. This can be as simple as changing the P value then checking bar ranges within ...

Quad Candle System

Here are some more examples of different P values with fixed H1 TF on HK50 CFD [P8 | H1] image [P16 | H1] image [P32 | H1] image [P64 | H1] image [P128 | H1] image [P256 | H1] image Masterrmind.............

Quad Candle System

Here is the HK50 CFD with [P32 | H1] setup on a D1 TF Chart. image Not really ideal for trading is it ? Masterrmind.............

Quad Candle System

Here is the HK50 CFD showing D1/P64 setup on a H1 TF Chart. image Here is the HK50 CFD showing D1/P64 setup on a D1 TF Chart. image Masterrmind.............

Quad Candle System

Hi simnz, There are 3 parameters which a trader can be provided in the Master Octive indicator that can alter the Octive Gaps: P (Period); Octive_TF (Chart Time Frame); and Master_TF (Global Time Frame :: locked) When trading other symbols it is my ...

Quad Candle System

This is one feature that I like about it, its dynamic on a breakout and as for higher time frames it works better because it takes a 'significant' move to re-adjust the frame. If you drop down to lower TFs such as M5 and M1 the Grid can reset very ...

Quad Candle System

It will run up or down depending on range calculation, period and octive then on a reset via breakout shift 2-4 octive gaps based on same or double octive shift. The double octive shift means for example, moving from 122 pips to 244 pips which ...

Quad Candle System

I have decided to close out all trades from both accounts now since its the end of the week and PA is indicating some form of a pullback. All trades were closed out in profit. Several pending orders remain in place. I will reassess possible entries ...

Quad Candle System