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Candle Formation
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Author:  Lamzforex [ Tue Oct 09, 2018 6:23 am ]
Post subject:  Candle Formation

Hello Everyone,

I have come across a candle formation that seems to spot good reversal points, however I am in search of a simple indicator that will send a push alert when the formation of these 4 candles take place.

I am looking for an indicator that sends a push alert anytime 2 bullish candles are followed by two bearish candles ( Sell) , and also when two bearish candles are followed by two bullish candles ( Buy).

The alert just needs to simply state the pair and what signal its giving.

I am not taking credit for this strategy, but I believe it can work.

Thank you
Author:  SteveHopwood [ Fri Oct 12, 2018 10:46 pm ]
Post subject:  Candle Formation

Lamzforex » Tue Oct 09, 2018 6:23 am wrote:Hello Everyone,

I have come across a candle formation that seems to spot good reversal points, however I am in search of a simple indicator that will send a push alert when the formation of these 4 candles take place.

I am looking for an indicator that sends a push alert anytime 2 bullish candles are followed by two bearish candles ( Sell) , and also when two bearish candles are followed by two bullish candles ( Buy).

The alert just needs to simply state the pair and what signal its giving.

I am not taking credit for this strategy, but I believe it can work.

Thank you
One part of the SHF ethos is this. You want some coding done for free? Prove your strategy works. Believing it can work is not enough. There are a number of excellent coders here. None of us are prepared to waste time on unproven strategies just because a new member believes it can work.

:xm: :rocket:
Author:  Lamzforex [ Sun Oct 14, 2018 1:19 pm ]
Post subject:  Candle Formation

SteveHopwood » Fri Oct 12, 2018 10:46 pm wrote:
Lamzforex » Tue Oct 09, 2018 6:23 am wrote:Hello Everyone,

I have come across a candle formation that seems to spot good reversal points, however I am in search of a simple indicator that will send a push alert when the formation of these 4 candles take place.

I am looking for an indicator that sends a push alert anytime 2 bullish candles are followed by two bearish candles ( Sell) , and also when two bearish candles are followed by two bullish candles ( Buy).

The alert just needs to simply state the pair and what signal its giving.

I am not taking credit for this strategy, but I believe it can work.

Thank you
One part of the SHF ethos is this. You want some coding done for free? Prove your strategy works. Believing it can work is not enough. There are a number of excellent coders here. None of us are prepared to waste time on unproven strategies just because a new member believes it can work.

:xm: :rocket:

Dear Steve, Apologies for not addressing the strategy at hand.

I actually found this strategy from a youtube channel, created by a previous FX bank trader.

https://www.youtube.com/watch?v=GdgvHVpn9Yk

This is the youtube link and explains in detail what sort of strategy it is.
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