This publish accommodates some screenshot examples from my TD Sequential product right here:
https://www.mql5.com/en/blogs/publish/749596/
And my commentary on commerce one of the best indicators. Notice that every one of those examples have M5,M15 trades.
However these are simply instance indicators to see learn the chart.
DO NOT commerce instantly after Arrow. Learn the chart first. Or else you might need losses.
Setup bars drop was not that a lot. However worth throughout countdown appears to be ranging which is nice.
Anticipate a robust Upwards inexperienced quantity bar and place a Purchase. If Pivot level is close by, place a Purchase Restrict on that Pivot.
Similar method, Setup bars rise was not that a lot. However worth throughout countdown appears to have began ranging. Which is nice.
Anticipate a robust Downwards crimson excessive quantity bar and place a Promote. Wait for under 8-10 extra bars. If not the skip sign.
If Pivot level is close by, place a Promote Restrict on that Pivot.
AUDNZD is following the identical course as AUDUSD above. Anticipate a excessive quantity crimson downwards bar.
Value throughout countdown has already gone a bit excessive. And there’s a potential assist forming under it.
Anticipate worth to hit assist close to 1.29100 and if worth bounces again upwards and kinds a inexperienced excessive quantity bar, then place a Purchase commerce.
Setup and Countdown each have an excellent rise. And countdown appears to have discovered a superb resistance.
Anticipate a excessive quantity crimson downwards bar however make certain it hasn’t gone too low.
As soon as once more if a Pivot level is close to use that for Promote Entry.
Similar as above EURJPY. Anticipate a excessive quantity crimson downwards bar.
Wait for under 8-10 extra bars. If not the skip sign.
Good time to Promote as a excessive quantity crimson bar has already occurred 3 bars again. However maintain Take Revenue shut.
As a result of Setup rise was not that a lot.
Countdown appears to be rising very quick. Has not discovered a variety but. Value would possibly maintain going upwards. So don’t promote but.
Anticipate robust quantity crimson bar downwards. And a variety forming.
Value is in a variety. However look ahead to 8-10 extra bars.. For a robust quantity crimson bar downwards. If not the skip sign.
Value remains to be climbing. Vary has not but fashioned in countdown part. Value would possibly nonetheless rise. So look ahead to a variety to kind.
And like all the time look ahead to a robust crimson bearish candle. However solely look ahead to 8-10 extra bars.
Value is in a superb vary. A robust crimson bearish candle has occurred 6 bars again. So a superb time to commerce Promote.
However setup didn’t rise that a lot. So maintain a detailed Take Revenue.
Each above examples are related, however on completely different timeframes. Value appears to be rising nonetheless. So look ahead to a variety to kind first. And a potential resistance stage.
If utilizing Pivot ranges, commerce promote if vary kinds close to a Robust Pivot stage.
Robust bearish quantity candle has appeared downwards. So wait few extra bars to confirm the vary. As a earlier Assist additionally appears to be close to identical stage.
So worth will presumably reverse if it’s a robust assist. If worth nonetheless retains going downwards over subsequent 4-5 bars and doesn’t discover a vary close to assist, then ignore this sign.
Value may be very near a earlier robust assist. Anticipate a bounce again and a robust inexperienced excessive quantity candle upwards. Value will presumably vary just a few extra bars so wait. Do not commerce but.