fxDreema

    • Register
    • Login
    • Search
    • Back to the main page
    • Categories
    • Recent
    • Tags
    • Popular
    • Search

    Identifying Candle Pattern (Part 1!)

    Questions & Answers
    3
    4
    454
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • General Melchett
      General Melchett last edited by General Melchett

      Hi everyone, I am trying to automate the identification of a specific candle pattern. I had a go at this last night but couldn't think of a way to do it. I had limited success with the impulse block as it doesn't identify specifically a break of a certain amount of candles.

      0_1636534106456_1.png

      So in the picture I am trying to identify the impulsive 3 candle break (I need to identify similar setups of at least 2 candles). How could I identify this?

      I was thinking maybe a (minimum) 2 bull bar break with (total) candle length a minimum of 3x the average candle size over the last x candles period. But I couldn't find anything that could give me the average candle range over the past x candles. Anyone have any ideas?

      l'andorrà jstap 2 Replies Last reply Reply Quote 0
      • l'andorrà
        l'andorrà @General Melchett last edited by

        @general-melchett I tried to do something like that for months and Ihad to quit. The easiest way is finding an indicator doing it for you. Otherwise you will lose your mind trying to find a way to get it. Trust me.

        (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

        (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

        (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

        1 Reply Last reply Reply Quote 1
        • jstap
          jstap @General Melchett last edited by

          @general-melchett If you want the average size, add all in range together, divide by the number in range, there is also the ATR indicator.

          Learn fxDreema Without the Wait!

          My comprehensive book, available on Amazon, is packed with examples and invaluable insights to help you fast-track your learning journey.

          The paperback and hardback editions include MT4 & MT5 QR codes for easy access to all prebuilt projects and robots, including my latest gold trading robot!

          Don’t miss out

          Click here➡️ https://mybook.to/fxDreema to get your copy today!

          Enjoy! 😊

          General Melchett 1 Reply Last reply Reply Quote 1
          • General Melchett
            General Melchett @jstap last edited by

            @jstap Great idea, thank you!

            1 Reply Last reply Reply Quote 0
            • 1 / 1
            • First post
              Last post

            Online Users

            K
            A
            D
            S
            G

            18
            Online

            146.7k
            Users

            22.4k
            Topics

            122.6k
            Posts

            Powered by NodeBB Forums | Contributors