for_max_v2 - Expert for MetaTrader 4
The represented trading advisor uses absorption models as well as "hammer" + "hanged."
The signal to buy looks like this:
- The closing price of the candle that crossed the entry level should be above the previous entry level. Immediately after the closing price, a buy order is open. However, it is not so important that the candle is the next as it is shown in the figure below. The main thing is to confirm the closure above the previous entry level.
The signal for sale is exactly reverse - when the candle closed below the old entry level.
The picture below is the result of testing the pair GBP/JPY, M15.