Mt4 Grab Candle Indicator

Rules strategy grab candles forex system open long when the candle turns green and the indicator cci woodies lnx v6 should be blue. Many of the indicators i tested were junk. Open short when the candle turns red while cci woodies lnx v6 indicator should be red.

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Raghee horner is the managing director at simpler trading and one of the things that she s known for is her 34 ema wave and grab candles.

Mt4 grab candle indicator. The best candlestick pattern indicator for mt4. Raghee was kind enough to make her indicators public so i m. Grab candles indicator for mt4 create by raghee horner green candles are bullish red are bearish and blue is neutral.

I chose the 3 indicators below after testing many candlestick pattern indicators for mt4. Candle time spread is a mt4 metatrader 4 indicator and it can be used with any forex trading systems strategies for additional confirmation of trading entries or exits. Others no longer worked.

I got the chance to test out the grab candles indicator on thinkorswim and it works really well. Downloadable file candle time. The indicators that i could get working were ranked by their ability to identify strong reversal patterns.