Crudeoil Intradday Trades based on GANN Square 9 Strategy

[Sammy.Young]

Why at times black candle appears? Under which condition black candle appears?

 

[rpsvinod]

Hi VINOD,
can you please post the chart.

thanks

RPS. VINOD

 

[umeshmandal]

Umesh Hourly candles closing at 11:30...???? Can u explain this. In my chart Hourly candle closes at 11:00.... i mentioned candle that closed at 5:00 (7th candle)

No, I cannot explain! I was referring to a post by Reddy here :

http://www.traderji.com/energy/9740...ed-gann-square-9-strategy-11.html#post1097048

 

[Sammy.Young]

LTP = 2743 for today ?

 

[arunnairs]

Plz follow my strategy.. its working fine.. i have backtested... and no doubt...... its working gr8 compare to othe buy sell signals and indicators..

tension free strategy....

every month u defenitely end with good profits....

** before following my strategy test ur self and trade with ur own risk.. im not responsibile for any losses and profits.........

Can u give an good explanation of your strategy, i think so many are confused including me. I am using Metatrader, there 1hr candles ends at 11:00 and not 11.30. So much confusion.

 

[arunnairs]

LTP = 2743 for today ?

No LTP 2740, but the levels will be same. How i take LTP, i will watch ODIN/ NEST terminal at opening time(10:00) When market opens, watch LTP , you can see one price which hits several times ( al least 5 times), i will take that price. Today it opens at 2743 then goes to 2471-2740-2741-2743-2740-2472-2740-2743... so i took 2740.

 

[Sammy.Young]

40,41,42,43--> all giving same levels but thanks for clarification on taking LTP....so as per levels, BUY active now around 2744

 

[singsanjay09]

Can u give an good explanation of your strategy, i think so many are confused including me. I am using Metatrader, there 1hr candles ends at 11:00 and not 11.30. So much confusion.

Hi Arun you r getting last candle of day of 30mnt(11pm to 11.30pm),but Madhav (and many more Ami user) getting 1st candle of day of 30mnt(10am to 10.30am).This is the difference.

 

[angira]

Reddy,

How to identify Black candle ? I am using IIFL terminal and MT4, any condition ?

angira...

 

[umeshmandal]

I am speculating only :
So don't rely on it. I don't use Amibroker hence cannot confirm also!
Green Candle for Up trend
Red Candle for Down Trend

Black Candle for sideways!

Reddy must be using the combination of EMA and MACD to mark uptrend and down trend! When a cross or whatever Reddy is using reverses , say its Up Trend/long and EMA or MACD moves down, but not enough to get a Down trend, the chart shows a black candle! And reverse must be true for Down trend.