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This submit accommodates some screenshot examples from my TD Sequential product right here:
https://www.mql5.com/en/blogs/submit/749596/
And my commentary on methods to commerce the most effective indicators. Word that each one of those examples have M5,M15 trades.
However these are simply instance indicators to see methods to learn the chart.
DO NOT commerce instantly after Arrow. Learn the chart first. Or else you may need losses.
Setup bars drop was not that a lot. However worth throughout countdown appears to be ranging which is sweet.
Look forward to a powerful Upwards inexperienced quantity bar and place a Purchase. If Pivot level is close by, place a Purchase Restrict on that Pivot.
Identical method, Setup bars rise was not that a lot. However worth throughout countdown appears to have began ranging. Which is sweet.
Look forward to a powerful Downwards purple excessive quantity bar and place a Promote. Wait for less than 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. Look forward to a excessive quantity purple downwards bar.
Worth throughout countdown has already gone a bit excessive. And there’s a doable help forming under it.
Look forward to worth to hit help close to 1.29100 and if worth bounces again upwards and varieties 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.
Look forward to a excessive quantity purple downwards bar however ensure it hasn’t gone too low.
As soon as once more if a Pivot level is close to use that for Promote Entry.
Identical as above EURJPY. Look forward to a excessive quantity purple downwards bar.
Wait for less than 8-10 extra bars. If not the skip sign.
Good time to Promote as a excessive quantity purple bar has already occurred 3 bars again. However preserve 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. Worth would possibly preserve going upwards. So don’t promote but.
Look forward to robust quantity purple bar downwards. And a variety forming.
Worth is in a variety. However await 8-10 extra bars.. For a powerful quantity purple bar downwards. If not the skip sign.
Worth remains to be climbing. Vary has not but shaped in countdown part. Worth would possibly nonetheless rise. So await a variety to kind.
And like at all times await a powerful purple bearish candle. However solely await 8-10 extra bars.
Worth is in a superb vary. A powerful purple bearish candle has occurred 6 bars again. So a superb time to commerce Promote.
However setup didn’t rise that a lot. So preserve an in depth Take Revenue.
Each above examples are comparable, however on totally different timeframes. Worth appears to be rising nonetheless. So await a variety to kind first. And a doable resistance degree.
If utilizing Pivot ranges, commerce promote if vary varieties close to a Robust Pivot degree.
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 degree.
So worth will presumably reverse if it’s a powerful help. If worth nonetheless retains going downwards over subsequent 4-5 bars and doesn’t discover a vary close to help, then ignore this sign.
Worth could be very near a earlier robust help. Look forward to a bounce again and a powerful inexperienced excessive quantity candle upwards. Worth will presumably vary a number of extra bars so wait. Do not commerce but.
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