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Double stochastic candles are an easy to spot feature from price action, and usually signal a pending reversal in the market.
Don’t let them be your only factor in a trade decision, combo them with other high value technical areas on your chart with developed strategy, and bring it all together to build value into the trade idea planned to enter and to exit the market. *IQD Momentum strategy*(search google) teaches more like this using moving average calculation to analyze data points by creating a series of averages of different subsets of full data. it is also called a moving mean or rolling mean and is a type of finite impulse response filter.
I know which YT channel you've copied this from
It works this one. I used it for like 4 months then found another
good
The concept is good and from my opinion the strategy ought to be supported with Moving Averages. I like it and it gave me good idea.Thank you.
You need to combine both stochastics in the same window and add a 50 line. If the market goes in a long slow trend you will be able to identify that better
interesting, but your going to struggle on these settings and without considering htf analysis.
great, thanks men
Great explanation and with potential.
The most dangerous thing in trading is when you don't stick with your rules, don't never say , this time is different you have to make your plan and trade it, don't try to break the rule, this is the most dangerous thing in trading, because this could cost you lot of money.that is why i apply the blended model strategy to be on a safe side and profitable a method i studied from Dmitry Vladislav.
Doesnt make sense to me, you assume the fast one is turning when extreme but you rely on the slow one NOT to turn at extreme. You are not making money with this I bet
Great! Thank you.
J'ai traduit la vidéo et je comprends bien la stratégie ,et je veux apprendre de plus avec vous . Mais comment procéder , plus que moi je parle français ? Merci d'avance !
Merci
What's the winning percentage with this strategy if you have decent risk to reward of 1 to 3?
I'm using capitec and my money always take more than 3 days to show on mt4..please help I deposit to fnb account .