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Re: Fractal Order Blocks Open Secret System

Mustafa, Wed Mar 09, 2022 1:52 pm

Meyney wrote: Wed Mar 09, 2022 8:02 am Just a question about the MTF indicators Mustafa: I see you are plotting the same entries on MTF indicators= 1 vertical line for entry on 15M chart. I wonder the 1H or 4H indicator it will take more time; their entry can not be at the same time as the 15M chart because 1h or 4H are still not finished. What's you experience?
Yes, great insight and wonderful observation! Let me explain in detail so that the answer is clear instead of causing more confusion. I worked on developing this system for almost 6 months. I tried many MTF stochastic indicators but as you aptly mentioned, the signal came when the candle was complete. Fortunately, I found some versions that gave signal mid candle by changing the color of the indicator when the stochastic direction changed. Now came the second challenge. What if the direction changed again in the opposite direction. This problem was tackled by having 3 timeframes confluence of stochastic. When these multiple stochastics merge together in the form of a tightly knit rope on different timeframes, they indicate a shift in momentum. Momentum precedes price movement. Momentum comes first, price moves later. When price moves, it moves on all timeframes charts. It is just the visual look of the candles that is different on these different timeframes. Since there has been a leading indicator which signaled an imminent price move in advance, that price movement can be predicted as well as traded... On 15M chart, this whole concept is illustrated by 2 signals... The first signal on 4H and 1H stochastic is very clear. Both are tightly knit. Their color and cross indicate that there is an imminent strong price move on the horizon. The 30 minutes confirms it as well but strangely enough it is not as tightly knit as the other 2 timeframes. Later price movement shows that we have very big bearish candles on 1H and 4H but on lower time frames the same down movement was in the form of slow steady falling price action. The 2nd more recent signal was visually more telling. The shift in momentum was evident on all the three timeframes. Stochastics curled together and provided crosses and color change signaling strong price movement on all timeframes. There were big candles forming on 15 and 30 minutes.. But soon momentum shifted and stochastic started to change direction on 4H signaled by lime color on 4H stochastic..... On 15M it should have been warning enough to exit any trade.... I tried as best as I could to explain how all these components work together in conjunction with Fractal order blocks to provide trading opportunities at key S/R levels in different trading sessions. Perfection is still a far fetched dream but I am striving to achieve it... My apologies for my inability to explain anything. I would try to further explain in my future posts.

P.S. Each move on these 2 signals on Crude Oil chart were more than 8$.
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