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Price Action Lesson 2: Conditions of a Perfect Hammer

FX:EURUSD   歐元 / 美元
Conditions of a Perfect Hammer:
. Body height must be short.
. The total height of the candle must be taller than the Daily ATR-264. The taller the candle is, the stronger the Hammer is.
. The lower shadow’s length should be very tall. It is better to be over 75 percent of the Daily ATR-264.
. The upper shadow does not exist, or if it does, it is very small. It shouldn't be more than 25 percent of the Daily ATR-264.
. The hammer that has an ascending body is stronger than the one which has a descending body.
評論: Price Action Lesson 1: Hammer

評論: Price Action Lesson 3: Hammer, The first sign of the beginning Ascending wave
評論: Price Action Lesson 4: Weak hammer
評論: Price Action Lesson 5: Weak Hammer (Example)
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Thank you :)
+1 回覆
@Barrabert, Thank you for your encouragement
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Good job, thanks a million!
+3 回覆
@braddel, ;)
+1 回覆
nice sir
+3 回覆
ForecastCity muhammadaliimran
@muhammadaliimran, Many thanks.
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zas013 ForecastCity
@ForecastCity, can we learn course for free
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@zas013, you are learning for free
+1 回覆
How to estimate "Daily ATR-264" ?
+2 回覆
@mir-igor, You can add it to your chart of any platform, it's a built-in indicator of all popular platforms, even in TradingView: just select "Average True Range" from "Indicators>Technical Analysis>Built-ins", then go to "Format" and in the "Inputs" tab set the "Length" to 264 and "Smoothing" to "SMA".
+2 回覆
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