Question on Breakeven and then start Trailing stop
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Then remove both 'once per bar' block from their current positions and use a new one on top of blocks 3 and 4. Then rename it a block 2.
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image is perfect hammer without lower wick.after hammer its high break in next candle as high break I have to take buy trade -
how condition block I will use with its setting to make this perfect hammer
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@Suraj0544 You can use this block:
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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. -
Do you mean a hammer created today touching today's high/low? But what if that same hammer is the one creating today's high/low?
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I mean that Hammer should be created on previous day high/low touching not same day.Please suggest
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I'm afraid I don't get it yet. Could you please upload an image example to make it clear?
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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. -
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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What you need a is a complex structure that is not a trivial project to implement, I'm afraid. You will need variables and loops to get the information you need. If you are not familiar with them you will need time to understand how they work.
You can find some useful information on how fxDreema works through Youtube (including my personal channel at the signature of my posts). However, you should understand that you will have to dedicate much time to understand how the platform works before seeing positive results. If you are in a hurry, probably you should hire a programmer instead.
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Is any online book available on fxdreema course which I can purchase.Please suggeat if any hindi/english language
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@Suraj0544 I have a book in English that does this, link is in this comment.
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