TheRumpledOne Donational Indicators

[TheRumpledOne]

No need to rush.

No need to hurry.

[TheRumpledOne]

5 green bars in a row.

Price failed to make a new high.

H1 candle turned red.

Simple.

Just trading with the statistics.

[endymion]

Hi TRO,

How much do I have to donate to get SR RR and candle trend indicators?

[safenet]

Isn't this a little like betting on black in roulette because red has shown up the last 5 times? Do past events have any relationship to what is about to happen?

[TheRumpledOne]

Q. Isn't this a little like betting on black in roulette because red has shown up the last 5 times?

A. No.

Q. Do past events have any relationship to what is about to happen?

A. Sometimes.

[razorboy]

Rumpled one

A question about the above named indicator. I have noticed there is a bit of a lag in time between a candle bounces off a support/resistance level (and passes the pivot point of the candle that creates the support/resistance level and the time the H1 candle actually supports the trade - so if the price is falling from resistance, there is quite a lag until the H1 turns red - sometimes halfway to the dynamic support lines were established by an earlier low.

When is the best time to enter, when you see the change in trend or wait for H1 to confirm?

thanks

[TheRumpledOne]

TRADE SHORT ON RED CANDLES

TRADE LONG ON GREEN CANDLES

THAT SIMPLE

[razorboy]

as long as it is in the direction of the H1 I assume

[safenet]

In the above - why was label 3 a sell, but the red candles 2 earlier was not?

[TheRumpledOne]

Actually, you have it backwards if you are talking about the BUZZARD STRATEGY.

The candle under the 3 is a NO TRADE.

After 3 green candles in a row, you look to short on red.