.

#51
There is nothing wrong about candle sticks when you know how to use them, e.g. a doji is either a sign of reversal or continuation. The Hi-Lo-Channel is the problem. It repaints the last dist/2 bars, default 12. It kills your account when the reversal was just a short retracement. I saw once a setting with Donchian Channels, but I don't like indis for showing me the High and Low of a period. But the indi pacois posted there looks only good in history.


#52
Krelian
Yes, you are right .  .  I just add candle pattern indi to show the method how its works and need more study needs.   
 
Do you have RSI -MA historgram latest indi?
pattern_recognition_master_v7_nmc.mq4
(33 KiB) Downloaded 406 times

#53
I use another JCS indi. I attach it.
The following pic is a scalping setup. When the odds are in your favor, here JCS and divergences, go in. Trend continuation patterns with the original rules or changed to more aggressive. You also can take the reversal/retracement patterns, but this is a bit more risky. I'm fan of the RSI of MACD double.

Swallow and RSI_MACD.png
Swallow and RSI_MACD.png
Candlestick - CPIv1.6.ex4
(24.21 KiB) Downloaded 521 times
rsi of macd double.mq4
(14.96 KiB) Downloaded 476 times

#54
Objection me LORD

 
3277076.png
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#55
Another awesome tool is the EFT I discovered these days   sometime you have to outbreak the EF transformation, but you get nice results with it easily. Swinging or trend following on M5 doesn't have to be difficult.

 
PS: the template is tested for GBP pairs and on M5, but you can optimize it for higher tfs easily.
Swallow and EFT.png
dynamic zone - ehlers fisher transform nrp.ex4
(25.14 KiB) Downloaded 399 times
Dynamic zones EFT macd averages smoothed.ex4
(118.89 KiB) Downloaded 508 times
EFT skimming swallow for GBP M5.tpl
(4.43 KiB) Downloaded 479 times


#56
mntiwana wrote:Objection me LORD
Losses are part of the game and are absolutely ok when they are small. No indicator or system is perfect. The losses are small, right? You make them even quickly. You can also stay out as long as the odds aren't in your favor. That's the big advantage of FX or BO compared to sport bets. And we don't bet in FX.

#57
hi Krielan
i do appricearte that candle stick indicator, if its possible to add my math in it bez. i do believe the given patterns are very less not always comes in chat and it is a strong trend indication candle.

I attaching a new snaps with channel indicator arrows and another sanp without trend changel indicator with 2 other suporting historgram indicators  can see the difference... with a new logic .

i needs to test when market open..    
Screenshot_12.png
Screenshot_11.png
Screenshot_10.png

#58
sal wrote:hi Krielan
i do appricearte that candle stick indicator, if its possible to add my math in it bez. i do believe the given patterns are very less not always comes in chat and it is a strong trend indication candle.

I attaching a new snaps with channel indicator arrows and another sanp without trend changel indicator with 2 other suporting historgram indicators  can see the difference... with a new logic .

i needs to test when market open..    
Not visible,what tf and indicators you used
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#59
hi tiwana
Its M1 TF..
sub chart: RSI HISTO with MA & T3 CCI
main chart; signal alert cahnnel 

#60
sal wrote:hi Krielan
i do appricearte that candle stick indicator, if its possible to add my math in it bez. i do believe the given patterns are very less not always comes in chat and it is a strong trend indication candle.

I attaching a new snaps with channel indicator arrows and another sanp without trend changel indicator with 2 other suporting historgram indicators  can see the difference... with a new logic .

i needs to test when market open..    
Isn't that solar wind there too?



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