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mother candle breakout

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Rendy94

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mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n

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#1 - February 05, 2019, 10:56:15 PM

MUHAMMAD NUR FIRZA

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mother candle, I have studied science a long time. I believe the candlestick has told us all that is happening in market conditions. If the pattern is combined with price action, it will be very good, complementing each other. There are some traders who combine with the volume, very good.
#2 - February 06, 2019, 11:10:02 AM

Rendy94

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Quote from: MUHAMMAD NUR FIRZA on February 06, 2019, 11:10:02 AM
mother candle, I have studied science a long time. I believe the candlestick has told us all that is happening in market conditions. If the pattern is combined with price action, it will be very good, complementing each other. There are some traders who combine with the volume, very good.
yes, sir, I also use this pattern as a fort for the entry reference area as a demand or supply, but I don't count the shadow as a break. but some supply demand traders consider shadow as a break too, what do you think?
#3 - February 06, 2019, 01:07:06 PM

Tahajud

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like this, the technique is more famous as the inside candle bar technique, because it utilizes a large candle range area where the price movement is then sideways confined to the big candle, so our job is to wait just to break it out



#4 - February 07, 2019, 05:40:25 AM

Rendy94

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Quote from: Tahajud on February 07, 2019, 05:40:25 AM
like this, the technique is more famous as the inside candle bar technique, because it utilizes a large candle range area where the price movement is then sideways confined to the big candle, so our job is to wait just to break it out


right, but don't forget the fake candle shadow to catch our pending orders. and make us lose. it must really break body if you want to make sure
#5 - February 07, 2019, 06:52:27 AM

nawwa thalorenz

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Quote from: Rendy94 on February 05, 2019, 10:56:15 PM
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
Good afternoon guys, the strategy that you delivered is very good, I used the breakout strategy but not the mother candle, only the resistance breakout and support, I want to ask a little about the strategy that you shared is there a special volume to be called the mother candle. thank you


#6 - February 07, 2019, 07:19:37 AM

Kirinkato

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Quote from: Rendy94 on February 05, 2019, 10:56:15 PM
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
how to set the distance to set a stop loss and profit target using this technique? sometimes when the candle is out of the range of the mother candle, the price then reverses direction.
#7 - February 08, 2019, 01:01:18 PM

Mulyana

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Quote from: Kirinkato on February 08, 2019, 01:01:18 PM
how to set the distance to set a stop loss and profit target using this technique? sometimes when the candle is out of the range of the mother candle, the price then reverses direction.
I am very interested in this trick. And what steps should we take when the Timeframe H4 is not in line with Timeframe H1



#8 - February 08, 2019, 01:08:48 PM

Kirinkato

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Quote from: Mulyana on February 08, 2019, 01:08:48 PM
I am very interested in this trick. And what steps should we take when the Timeframe H4 is not in line with Timeframe H1


but isn't it by using the H4 time frame that the risk and stop loss placement range will be greater?
#9 - February 08, 2019, 01:33:47 PM

Nendi71

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Quote from: Rendy94 on February 05, 2019, 10:56:15 PM
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
very interesting the technique that you developed is very simple and easy to understand by me a beginner trader, because if seen from the technique, this technique is similar to the technique that I developed with the name rule five candles,
#10 - February 08, 2019, 05:03:33 PM

Nendi71

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Quote from: MUHAMMAD NUR FIRZA on February 06, 2019, 11:10:02 AM
mother candle, I have studied science a long time. I believe the candlestick has told us all that is happening in market conditions. If the pattern is combined with price action, it will be very good, complementing each other. There are some traders who combine with the volume, very good.
yes this is very good so I can understand this technique using the two candle method,
#11 - February 08, 2019, 05:05:07 PM

Nendi71

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Quote from: Rendy94 on February 06, 2019, 01:07:06 PM
yes, sir, I also use this pattern as a fort for the entry reference area as a demand or supply, but I don't count the shadow as a break. but some supply demand traders consider shadow as a break too, what do you think?
if in my opinion it makes sense to be taken into account in making an open position decision
#12 - February 08, 2019, 05:06:30 PM

Fxortrader

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Quote from: Nendi71 on February 08, 2019, 05:05:07 PM
yes this is very good so I can understand this technique using the two candle method,
candlestick technique, really I do not understand at all with this technique, using an additional indicator often often lose, especially without indicators.
#13 - February 08, 2019, 05:08:45 PM

ageseko

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Quote from: Rendy94 on February 05, 2019, 10:56:15 PM
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
it looks good also trading techniques using the base of the mother candle,

to determine that the long candle is valid becomes a signal entry whether there are special rules, for example how long the range must be made, then to find out that it will be forwarded or reversed what is the identification
#14 - February 09, 2019, 04:00:00 AM

kagami

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hello
this technique is very good in my opinion
thank you for the review
is there a certain size about the size / size of the candle?
ok, thanks
#15 - February 09, 2019, 01:58:33 PM
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