
Re: EXTERTION METER BY YISRAEL
41now market reach at peak!!!:) 

"There is NO GOD higher than TRUTH" - Mahatma Gandhi
interesting!sal wrote: Fri Dec 24, 2021 1:37 am This is breakout + pull back bar rules which i adopt..
if you see the arrow you can confrim that.
Yes pull back an retest is fix on single bar. not as forex manner, i do agree...
express your idea or something share..
now i added a new snap
you can see 3 confirmation for trend
dots 5 M5 tf
s/r retouch levels
rules arrows on trend market.
can you make it lighter version to check.andrei-1 wrote: Tue Jan 04, 2022 1:47 am Added a new parameter "period_em". This may be of interest to fans of binary options.
You mention "not to trade at exertions" so then why we would use the indicator.. can you tell me this conflict and make it clear ?yisrael wrote: Sat Dec 11, 2021 4:10 am EXTERTION MEANS BIG SARP MOVE CANDLE...LIKE A MARABUZO
THERE IS MANY WAYS TO TRADE IT
#1 ACCORDING TO THE EXTERTION CANDLE.
IF THE EXTERTION CANDLE IS BULLISH U GO LONG...IF THE EXTERTION CANDLE IS BEARISH U GO SHORT
THIS WILL MAKE A 66% WINRATE
#2 SENTIMENT BASED
YOU NEED TO HAVE A GOOD SENTIMENT INDICATOR
IF THE SENTIMENT IS CORRECT AND BULLISH\BEARISH THEN A CANDLE IS GOING TO APPEAR IN THE SAME DIRECTION.
IF THE SENTIMENT IS WRONG THEN A CANDLE WILL APPEAR IN THE REVERSE DIRECTION
#3 DONT TRADE EXTERTIONS
BECAUSE SENTIMENT IS WRONG MOST OF THE TIME ...IT IS BETTER TO NOT TRADE AT EXTERTION CANDLES
THE REASON IS THAT After the extertion candle A BIG CANDLE WILL APPEAR IN THE REVERSE DIRECTION (I CALL IT AN F U CANDLE)
Durring the appearance of the extertion candle it WILL TRIGGER A WATERFALL OF STOPLOSSES AND THE MARKET AFTER THAT IT WILL BE UNPREDICTABLE creating the f u candle ....the market DIES.(all the orders are kicked...meaning low volume...and high volatility..it even worse ..it may range a bit..until one of the bulls or bears take control again)
IF YOU DONT TRADE EXTERTION YOU YEARLY WINRATE OF YOUR SYSTEM WILL IMPROVE BY 2%....THAT IS MONEY IN THE BANK
extertion meter img.PNG
extertion-meter.mq4