Candle_Trader

BTCUSD, my winning indicator is presenting another entry point

Candle_Trader Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys, this is the same strategy from yesterday which earned me 300% profit and it uses STIXEX candlesticks. Taday it’s presenting another great opportunity. If you are not familiar with STIXEX, it allows you to place trades on whether the next candlestick will be red or green, its that simple.

From my last post: “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).”

My indicator is showing at the moment, that there are 55 red candles out of the last 100. So now, every time when new green candle forms, I will place a trade that the next one will also be green. 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 will keep updating this post, so you can follow me along.


If you are not familiar with “color options”, ask me in the comments section or join a chat right here on tradingview - candle color options.

Please follow, like and comment !
Trade closed: target reached:

Another great result, 300% profit again. As soon as my indicator provided me with an entry, I waited for the green candle to form and placed a trade that the next candlestick will be green as well. As per my rules, as soon as I reached my profit target I stopped trading. I use STIXEX platform which allows me to place trades on the color of the next candlestick in the price chart, all I have to do is pick -red or green. All winning trades pay fixed 100% payout. In this session I placed 3 trades and won them all.
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