FreelanceSections

3 candle reversal Strategy

MQL5 Indicators

Specification

‎Explanation of Strategy 3 candles reversal strategy with 5EMA and 10EMA

‎

‎wait for 5 EMA and 10EMA to cross during  this process wait for at most 7 candles , within that 7 candles formation,....wait for a reversal candle that closes below the last two trending candles.

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‎Important info

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‎***The first candle of the three candles must not  be having any touch of 5EMA wether the wick or body.

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‎*** We must not see double of the first candle and the signal candle ( third candle in each other) i.e

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‎*** The second candle must be smaller than both the first and the Signal( third candle )

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‎* The possible combination of the three candles with the signal candle are

‎for SELL...BULLISH( with No MA touch) , BULLISH, BEARISH(Signal candle which must close below the two) OR

‎

‎BULLISH , BEARISH , BEARISH

‎

‎

‎When all these conditions are met, give a sell arrow on the reversal signal candle( third candle) and buy arrow when the buy condition is met

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‎I want a push notification on my phone immidiately

‎

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