FEN Indicator Signals

Chart : GBPUSD DAILY
Date/Time : 2018.12.06 00:00
Settings : Reversal Candles=2, Min. Strength=3, # Candles Back=50

Result: Successful (A small top formed at the signal time and then GBPUSD reversed down and is still going down at the time of this update.)

Chart : AUDUSD M30
Date/Time : 2018.12.06 06:30
Settings : Reversal Candles=5, Min. Strength=2, # Candles Back=100

Result: Failed (The bearish reversal was short in duration. It resulted in a long lower tail, but the candle continued to close in the same direction as before. And so did the next candles too.)

Chart : GBPUSD H1
Date/Time : 2018.12.07 00:00
Settings : Reversal Candles=2, Min. Strength=5, # Candles Back=150

Result: Skipped (Market direction was unclear prior to the signal time. It should be noted though that at the signal time, a gap formed and price reversed up for the next 2 candles.)

Chart : EURJPY M30
Date/Time : 2018.12.12 10:30
Settings : Reversal Candles=2, Min. Strength=6, # Candles Back=150

Result: Successful (A market bottom formed near the signal time. EURJPY started a big move upwards exactly on time.)

Chart : BTCUSD (Bitcoin) H4
Date/Time : 2018.12.14 04:00
Settings : Reversal Candles=2, Min. Strength=3, # Candles Back=50

Result: Skipped (Bitcoin direction was unclear prior to the signal time.)

Chart : EURUSD H1
Date/Time : 2018.12.14 17:00
Settings : Reversal Candles=2, Min. Strength=6, # Candles Back=150

Result: Skipped (EURUSD direction was unclear prior to the signal time. However, a major turning point occurred near the signal time.)

Chart : EURUSD M30
Date/Time : 2018.12.19 20:00
Settings : Reversal Candles=5, Min. Strength=2, # Candles Back=100

Result: Skipped (Market direction was unclear prior to signal time. The previous signal closed slightly bearish. Which made the candle directions alternate like buy, sell, buy, sell, etc... However, if looking at the longer trend, EURUSD had been moving up and you would have wanted to sell. The signal resulted near the top right before the sharp move down. It would have been very profitable if traded that way.)

Chart : BTCUSD (Bitcoin) M30
Date/Time : 2018.12.19 22:30
Settings : Reversal Candles=5, Min. Strength=2, # Candles Back=100

Result: Successful (A small reversal occurred at the signal time. The candle closed bullish compared to the prior bearish movement. Bitcoin later ranged near this level and then shot up. If a trader would have held on to this trade, it most likely would have been very profitable.)