Posts made by extrabroker

I wanted to share with you my project which shows how easy it is to find candles like hammer.
I used a single candle template with settings below.

The project is here: https://fxdreema.com/shared/i5zODxtUc

Thank you Miro1360.I thought that it is the usual indicator.

@miro1360 I tested the indicator on different TF`s with standard settings and I do not see the arrows anywhere. Then I changed the candle parameters after that also no signal.Did you know what could be the problem? I do something wrong? I put the file in the Indicators folder.

I really appreciate your work. I'm going to test it and I will report here Thank you!

@miro1360 I think 10-25%

@miro1360 When is a bull candle this body is at the bottom of the candle - sell signal and when there is a bear candle, the body of the candle is at the top - buy signal

I can only say that it has about 15-30% candle is the body and wick maybe more than 10pips.I do not know exactly how to check this.I attached photo with hammer earlier

@miro1360
I understand general principles, but how to do it in Fxdreema? Can you help?

I think this looks good.Wick only on one side, quite long and about 1/4 candle is the body.
The candle was bullish so the signal should be sell. When the candle will be wicked from the bottom and will be bearish then should be the Buy signal.I created something like that but there is still a problem with wicks on both sides.

That's how it looks with settings 1.5 and 1.0 in Value.

@miro1360 Thank you very much.I do not know how it happened but in some fields I had -1 too.Now after the change everything works but to find perfect hammer the wick size in pips is missing and sometimes the upper part candle show the wick. I can not distinguish bull hammer and bearish hammer .

@miro1360 I did everything just like in the tutorial about hammer.
The hammer candle is not detected. There is no signal. What could I do wrong? I tested all on the M1 chart because H1 and H4 is a high interval for me.Here is a link to the project can you check it please? https://fxdreema.com/shared/OzKaEHI0d

This is great. Thank you! That helped me a lot.

How can I create an opening position on a selected candle or after it. Should look the same as the picture without the lower wick. Should be defined in the pips length of the upper wick. Her body should also be the right amount in pips.
I create EA, but it opens positions on various candles not just hammers.

And is it possible to open the position when the hammer appears? How it should look like ?

Thank you for help. It looks like it's a indicator fault.

Now I see that does not always open the position why this happens?

How create EA with 2 moving averages and my indicator?
When 5 MA is above 20 MA and the arrow appears then it should open the Buy position.
When 5 MA is below 20 MA and the arrow appears then it should open the Sell position.
I tried something like this but it does not work.

Thank you for ideas

How I can use New Top in trend and New Bottom in trend ? I have everything connected and not working and how to make settings for range detection?