To make this hammer candle just below 1-2 pips from the previous day low as shown by fig which condition block and setting should use. Please suggest anyone, Thanks for this. In fig. green line is previous day low.
Posts made by Suraj0544
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RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
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RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
Is any online book available on fxdreema course which I can purchase.Please suggeat if any hindi/english language
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RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
I want to ask that is any book is available online which I can purchase (fxdreema) to make EA or to understand all the blocks and setting or which block can be used for which strategy /condition and so on.If is any Please suggest. Thanks a lot
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RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
As I shared 5 image all for hammer candle (buy) In all image there is a green line which is previous day candle low(support) and in all image I am talking about only 1 candle i.e. hammer shown by arrow in 1 image.These are the condition for hammer occur
1- hammer candle lower wick is touching exactly the previous day low.
2- body is closing above previous day low. but lower wick is below previous day low.
3- hammer is occur just below 1-2 pips(pips I mean 2700-2701=1 pips). lower wick and body both are just below previous day low.
4- lower wick is just above 1-2 pips from previous day low and body is also above.
5- lower wicks little portion 1-2 pips is below and total body is above previous day low.
THESE ARE THE 5 CONDITION WHERE HAMMER CANDLE SHOULD CREATE AND SAME SHOULD BE FOR SELL. INVERTED HAMMER SHOULD BE CREATE ON THESE PLACES AS REFERENCE TO PREVIOUS DAY CANDLE HIGH.
NOTE-FOR BULLISH ENGULFING AND BEARISH ENGULFING ALSO, I WANT TO MAKE EA BUT THE POSITION FOR ENGULFING CANDLE (BUY/SELL) WILL BE SAME AS HAMMER CANDLE.
IN THIS FULL PROJECT I AM ABLE TO DRAW PREVIOUS DAY HIGH LOW. ONLY CANDLE IS NOT OCCURS AT RIGHT PLACE AS I WANT. -
RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
I mean that Hammer should be created on previous day high/low touching not same day.Please suggest
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RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
lot of thanks
Please tell me 1 thing further if I have to take buy trade when this hammer is created by touching daily candle low or wick is below daily low (in case of spike) and closing above daily candle low, which condition with setting I should use.
For this, I tried cross above condition,in that case when current market is below daily low and when it is crossing above and closing above daily candle low by making a hammer candle as I am discussing then trade is going to occur but when current market is coming below from daily candle high to low---------at last, creating hammer by touching daily candle low, buy entry should be open there but no any trade is opening there (by using crossover condition) Please suggest I am at the last stage of project. Thanku in advance for help. -
RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
how condition block I will use with its setting to make this perfect hammer
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RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers

image is perfect hammer without lower wick.after hammer its high break in next candle as high break I have to take buy trade -
RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
after lot of practice daily time frame high low and closing line is ok.
only problem is that what I do so that trade open when the hammer/inverted hammer candle is creating with touching the daily high low closing line. -
RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
1- If you mean that only to change block id not to replace block, I have done that as previous trade is not opening on daily timeframe support resistence,opening anywhere as previous.
2- after changing block id number only daily timeframe support resistence line is also not going to draw anywhere. -
RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
but in this tree block 2,4 and 5 are not avaliable as per your comment
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RE: Question on Breakeven and then start Trailing stopposted in Questions & Answers
My Project Link is above. In this I am able to plot support/resistence on daily time frame candle at high/low/closing. After that taking buy/sell on creating hammer/inverted hammer, till here all good.
The main problem is that how this buy/sell will open as per hammer/inverted hammer created on support/ resistence only (daily time frame high/low/closing)
as per my project as shared you buy/sell happening but anywhere it occurs.






