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New EA Break Daily Line EA

tanaka akiko said:
This EA was based on the video.
Click to expand...
You made the D1 candle for the day. Must be the previous D1 candle to be correct.
The indicator have 2 lines. Green line = Previous candle high low and red line is today candle high low .
And need 1 canlde m15 reversal clodsed under the line to confirm signal.
 
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hoang minh nhan quang said:
You made the D1 candle for the day. Must be the previous D1 candle to be correct.
The indicator have 2 lines. Green line = Previous candle high low and red line is today candle high low .
And need 1 canlde m15 reversal clodsed under the line to confirm signal.
Click to expand...

And need 1 canlde m15 reversal clodsed under the line to confirm signal.

This reversal candle is under previous D1 or current D1 ?
 
In the current d1 if price breaks previous d1 high and forms a bearish candle in m15 closing below previous d1 high then enter sell with 1:1 sl tp.

In the current d1 if price breaks previous d1 low and forms a bullish candle in m15 closing above previous d1 low then enter buy with 1:1 sl tp.

Note: M15 reversal candle can be the very same candle that breaks the previous d1 H/L but closing inside the previous d1 H/L, OR reversal candle even be after a few candles later but closing inside the previous d1 high/low OR can be the very next reversal candle that closes inside the previous d1 high/low.
 
tanaka akiko said:
Can you confirm?
Click to expand...
Wrong!. Don't care about current D1, Only focus Previous D1.

Condition 1: Price touches or breaks through the previous day's high or low. (M15)

Condition 2: Price reversed and closed below or above the previous day's high or low.(M15)

Then we put a trade with ratio 1:1
 
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tanaka akiko said:
And need 1 canlde m15 reversal clodsed under the line to confirm signal.

This reversal candle is under previous D1 or current D1 ?
Click to expand...
According to the video the 15min reversal candle should reverse at the High or the Low price levels of the previous Daily candle. It just one 15min candle to reverse at the High of the previous DIALY candle for a Sell signal. The for a Buy signal just one 15min candle need to reverse at exactly the LOW of the previous DAILY candle the we Buy
 
blackking said:
Breakout trading strategy using daily candles.
Seems good and need to test first.
Click to expand...
Watch the video again, it's not daily break strategy, if the price touch previous daily low & closed above buy, when price touch previous daily high & closed below sell with ratio 1:1 if I'm correct.
 
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