Hooks and Ticks

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What follows under is one other work in progress and subsequently experiemental. It is nothing new in idea, simply one other method of taking a look at 4 bar reversals/development continuations. I've solely checked out this manually on GBP/USD 1 uur. Fairly self explanatory from the primary image. The setups resembles hooks and ticks therefore the title of the thread.

Guidelines:

Purchase setup - Bar 2 makes a decrease low and a decrease excessive than bar 1. It does not matter if they're bullish or bearish. Bar 3 makes the next low than bar 2. It additionally does not matter what route it's. Bar 4 makes the next excessive and increased low than bar 3 and bar 1 AND closes bullish.

Purchase entry - Purchase at open of bar 5, TP 10, SL at low of bar 4.

Promote setup - Bar 2 makes the next low and the next excessive than bar 1. It does not matter in the event that they're bullish or bearish. Bar 3 makes a decrease excessive than bar 2. It additionally does not matter what route it's. Bar 4 makes a decrease excessive and decrease low than bar 3 and bar 1 AND closes bearish.

Promote entry - Promote at open of bar 5, TP 10, SL at excessive of bar 4.

Aangekoppelde prentjie (klik op om te vergroot)
extra examples
Hooked up Photos (klik op om te vergroot)
Click to Enlarge

Name: ht1.JPG
Size: 87 KB Click to Enlarge

Name: ht2.JPG
Size: 71 KB Click to Enlarge

Name: ht3.JPG
Size: 42 KB Click to Enlarge

Name: ht4.JPG
Size: 62 KB
Large Thank's : Hooks and Ticks 1 HarryPlopper
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Skrywer: Forex Wiki-span
Ons is 'n span hoogs ervare Forex Handelaars [2000-2023] wat daaraan toegewy is om die lewe op ons eie terme te leef. Ons primêre doelwit is om finansiële onafhanklikheid en vryheid te verkry, en ons het selfonderrig nagestreef en uitgebreide ondervinding in die Forex-mark opgedoen as ons manier om 'n selfvolhoubare leefstyl te bereik.