Quadra Safe Trading Strategy - I

[SavantGarde]

"distinct horizontal point of reference "

Close of Previous Candle = Open of Next Candle

SG

 

[dhootankur]

So is bar split can be consider stronger notation of trend, say some kind of candlestick pattern like marubozu??

 

[Rish]

Hi Nirahjan,

Bodies can have a slight overlap for it to be termed Bar Split, but perfect BS situation would be as you described it above ......!!!

If the Fridays Candle was a Green Candle & Today's Red...then one would not consider it as Bar Split..... !!!

SG

Point noted SG.

 

[SavantGarde]

So is bar split can be consider stronger notation of trend, say some kind of candlestick pattern like marubozu??

Not aware of Marubozu but have seen some members mention it....think it was MurAtt....!!!

SG

 

[Rish]

So is bar split can be consider stronger notation of trend, say some kind of candlestick pattern like marubozu??

Bar split after Doji Formation will act as very strong indication of trend.

 

[SavantGarde]

So is bar split can be consider stronger notation of trend, say some kind of candlestick pattern like marubozu??

Instead of Candles there was Bananas on the Chart... then it would be termed Banana Split...

 

[dhootankur]

Not aware of Marubozu but have seen some members mention it....think it was MurAtt....!!!

SG

Pakka MurAtt bhai hi honge :clapping:

Candle with open=high and close=low...so kind of strong indication of trend with confidence from candle close and open

 

[SavantGarde]

Pakka MurAtt bhai hi honge :clapping:

Candle with open=high and close=low...so kind of strong indication of trend with confidence from candle close and open

Open & Close is normally not discussed or is very rare..... but is very important...perhaps lot more important than popular discussion of High & Low..!!!

SG

 

[SavantGarde]

Comparatively, Bar Split & Gaps....are often seen in Equity.... therefore, it's utilitarian value will be far greater in protecting Profit or exiting with smaller S/Ls

SG

 

[lvgandhi]

What is Bar splice?