信号 (Signals)

Another experiment. We all have a number of strategies. And we see every day - at the end of day, that if we had chosen to trade some pairs, our strategy had made us smiling and other pairs we are not happy. So the secret must be to be able to chose the right pairs to trade.

This thread shall try so find some signals that lead our attention to an instrument which might be trending the next trading day.

I will build an indicator that give those signals. I have started. Right now it can give signals when these condition occurs:

1. A Fakey.
2. An Engulfing bar.
3. A Pinbar. See Post #3.

Much more to come. So this will be a multi signal indicator.

Of cause those signals are no garantee for anything. But if we get a signal that an instrument just had a Pinbar, we can investigate if this could be a continuing signal for another go on a trend. Just an example. This way we might be able better to chose the right instruments to trade.

I will search those signals on some higher timeframe and then trade a lower timeframe. Your way of trading it might be different.

I will update this post #1 whenever there come new functions in the indicator.

I hope that a number of traders will be active in testing the signals and suggest how to use then with confluences. I hope also to get ideas from you guys to new signals to the indicator. If you are interested in helping, then subscribe to this thread.

The signals mentioned above is in test right now. Something will be released tomorrow.


This is not the normal behavior of an indicator, but that is how I work.