Comments on: Inside Bar Pattern Explained

By: kayode

kayode — Mon, 08 Apr 2019 15:03:44 +0000

am in a draw down right now-4 some time now actually. this is ma first time trading Demo only within a short to find myself in a drawdown. trying to wait it out.
i was doing fine prior to the DD(100% increase) on the optimal F risk strategy.
tanx

By: Hugh Kimura

Hugh Kimura — Fri, 05 Apr 2019 19:01:43 +0000

In reply to kayode.

Hi,

As mentioned on the description page, the alerts are for people who already have a trading strategy that uses those candlestick patterns on those timeframes. The appearance of of those patterns will vary from broker to broker, but the alerts could make you aware of an opportunity. Even if the pattern didn’t appear on your charts, it might still be a good opportunity.

Please keep in mind that these are NOT trading signals. They are simply candlestick pattern alerts.

We purposely did not setup the alerts on the lower timeframes because they would fire off too many alerts to be useful. If you want to get M5 alerts, then a MT4 plugin on a VPS is the perfect solution:

https://www.tradingheroes.com/mt4-plugins/

Hope your trading is going well.

By: kayode

kayode — Fri, 05 Apr 2019 09:16:49 +0000

Mr hugh,
pls how do u make use of the trade signal alerts? how do u deal with the multiple notifications most of which will not match. and most importantly can it be set to signal set-up 5 min b4 confirmation candle completes to prevent a new runaway candle from printing b4 entering trade?

By: Hugh Kimura

Hugh Kimura — Mon, 25 Mar 2019 21:00:23 +0000

In reply to kayode. No plans at the moment. It's difficult to identify those formations with a program. If you have any ideas, I'm open to suggestions.

By: kayode

kayode — Thu, 21 Mar 2019 10:52:56 +0000

Mr Hugh,
when r u going to include trade alerts for consolidation systems such as the FLAG, Head n Shoulders, squeeze play and such?