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9 Candles Analysis

9 Candles Analysis

Type: Strategy
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Price includes 1 month of updates.

2 Sales

Additional info

Version
1

Updated on

Created on

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Overview

Latest results with this strategy:
https://twitter.com/TapoleonS/status/1069375049369571328

Info:
9 Candles Analysis consist of a study of the change and momentum of the most recent candles. Scalping mode active.

This strategy measures the change and momentum of the previous 9 candles with respect to the current price. Positive momentum combined with a very specific change during the last candles is indicative of a trend. Enough to open a position? Not for me. It is combined with another indicator to filter out fake signals.

When it comes to close a position. As I always say, set a Stop-Loss and TSL that has to depend on the volatility of the market. However, this strategy also closes positions based on strategy. The closing strategy will sell as soon as the market shows signals of reversal. Therefore, closing the position with the highest percentage.

Average holding time: 10 hours.

For technical analysis tips, follow me on twitter! https://twitter.com/TapoleonS


Strategy Details

Hidden configuration

Yes

Refundable

Yes, within 30 minutes. Read more


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