I challenge you to fail with this - MT4/MT5 resources

Hi everyone, back to the daily chart, so far you can search for these types of candles:

Bullish Signal: False breakout/rejection of the previous day's low, better if the shadow of the signal candle is long enough, then closes above the previous day's high

If the current candle's high completely engulfs the previous day's high, use a pending order above the current candle's high.
0.02 size? 0.01 with a TP as big as a signal candle, 0.01 with a pending order without TP, SL below the minimum of the pattern; this is just an idea, try it yourself.

The opposite direction of the bearish signal

You can also search by week and month

We also have a second type of signal (bearish, screenshots 1 and 6): if the signal candle fulfills all prerequisites, but does not close below the previous day's low, but closes below the previous day's open, then the pending order is placed not at the low of the signal candle, but at the previous day's low. Note that this is not as strong as the first signal.

Additional rules:

Rule 1

-Trade Daily, Weekly and Monthly only .

Rule n°2

- Wait for the candle to close

Don't try to predict the market. You are not a magician or a time traveler. You have to wait.

My 1-2 year backtest result for GBP/NZD (daily): 20440 points (including SL and TP for each last high).
Go ahead and look at the charts, do the backtesting and report it here, I challenge you to fail

Obviously, signals must be contextualized. The more you know and the more information you have, the greater your advantage

"If you have an apple and I have an apple and we swap it, then you and I always have an apple. But if you have an idea and I have an idea and we swap it, then we both have two ideas"