BTCUSD, winning candlestick color indicator signal #4
Hi guys, candlestick color indicator signal #4 has formed again. So far its been working really well, I made 900% over the last 3 days. As before, I use STIXEX for this strategy, in other words, I place trades whether the next candlestick in the price chart will be red or green. I will not get into the details how STIXEX or my indicator works, but here is an excerpt from one of my posts, and you can also join “candle color options” chat right here on TV for more discussions:
“The interesting fact about candlesticks is that in the long run, there are always the same number of green and red candlesticks, regardless if the market is going up or down. So when the number of, for example, red candles rises above the mean (for example there are 55 green candles out of the last 100 candles), this gives us an opportunity to start placing trades on red candles in the anticipation that the number of red/green candles will revert back to the mean (50/50).”
HOW TO TRADE THIS SET-UP: At the moment, the indicator is showing that there are 55 green candles out of the last 100. So now, every time when a new red candle forms, I will place a trade that the next one will also be red. If my trade is a winning one, then I will wait for the sequence of the red candles to end and for the first green candle to form. After a new green candle has formed I will repeat the earlier process and wait for a red candle again, after which I will place a trade that the next candle will also be red. I will trade until I am up by 300% (STIXEX pays fixed 100% payouts on winning trades) or until red/green ratio of the last 100 candles goes back to 50/50 (50 red and 50 green candles out of the last 100). I trade 15min candles, so if you want to trade along make sure that you follow me. This may sound confusing, but its a very simple strategy and so far very successful.
If you are not familiar with “color options” or if you have any questions, ask me in the comments section or join a chat right here on tradingview - candle color options.
Please follow, like and comment !
“The interesting fact about candlesticks is that in the long run, there are always the same number of green and red candlesticks, regardless if the market is going up or down. So when the number of, for example, red candles rises above the mean (for example there are 55 green candles out of the last 100 candles), this gives us an opportunity to start placing trades on red candles in the anticipation that the number of red/green candles will revert back to the mean (50/50).”
HOW TO TRADE THIS SET-UP: At the moment, the indicator is showing that there are 55 green candles out of the last 100. So now, every time when a new red candle forms, I will place a trade that the next one will also be red. If my trade is a winning one, then I will wait for the sequence of the red candles to end and for the first green candle to form. After a new green candle has formed I will repeat the earlier process and wait for a red candle again, after which I will place a trade that the next candle will also be red. I will trade until I am up by 300% (STIXEX pays fixed 100% payouts on winning trades) or until red/green ratio of the last 100 candles goes back to 50/50 (50 red and 50 green candles out of the last 100). I trade 15min candles, so if you want to trade along make sure that you follow me. This may sound confusing, but its a very simple strategy and so far very successful.
If you are not familiar with “color options” or if you have any questions, ask me in the comments section or join a chat right here on tradingview - candle color options.
Please follow, like and comment !
