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Shauryam_or
6 ott 2021 09:02

Buying climax and Selling climax 

EUR/USDOANDA

Descrizione

Buying climax and Selling climax appear at the end of bullish and bearish market ..i trade them little bit different way .when price break buying and selling climax i look for trade sharing some example

Breakout and test of buying climax high



same with selling climax ..there can be various method to take trade

A) trend continue method

1) when buying climax appear at bullish trend and price break it then take trade as breakout upside + test pullback trade
2) when selling climax appear at bear trend and price break it then take trade as breakout downside + test pullback trade

B)trend reversal method
1) when buying climax appear at top of the trend trader can look for reversal
2)when selling climax appear at bottom of the trend trader can look for reversal


thanks @yaheesweety for Boring and Explosive Candles script . i add volume for filter and line so i can check high and low of buying climax

Note di rilascio

add alert
Commenti
D_r300
Do you have an email to contact you?
XanaDuckX
Nothing display on chart, tried different timeframes, but nothing.
Shauryam_or
@XanaDuckX, can you tell me asset name ..may be volume indicator is creating prob ...
XanaDuckX
@Shauryam_or, Hi Shauryam_or, I forgot which one it was, and the time frame too, sorry, it was long ago, more than my fish brain can remember . . .
Sorry not ot be able to help.
All the best.
christianmlo
I love this, when will you be releasing version 2?
Shauryam_or
@christianmlo, thnx mate will try soon ...
MrMama
How to set the target for taking profit...?
Shauryam_or
@MrMama,hi mate i do scalping trade 10 TO 20 pip ...in v2 version will try to add sl ,tp thnx ....
Shauryam_or
@Shauryam_or, running example
trader will look outside bar at low of selling climax bar
Shauryam_or
@MrMama,
sharing example ...breakout then pullback morning star and buy trade with 1:2 sl and tp
Altro