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CANDLE RANGE THEORY (H1 Only)

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Hello traders.
This indicator identifies CRT candles
-Each candle is a range.
-Each candle has its own po3.
-Focus on specific times of the day. By recognizing the importance of time and price, we can capture high-quality trades. Together with HTF PD array, Look for 4-hour candles forming at specific times of the day. (1am - 5am - 9am EST)
-After the 1st candle, wait for the 2nd candle to clear the high/low of the 1st candle and then close inside the 1st candle range at a specific time (1-5-9) and look for entries in the LTF
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Why choose 1 5 9 hours EST?

### **1. 1:00 AM (EST)**
- **Trading Session:** This is the time between the Tokyo (Asian) session and the Sydney (Australian) session. The Asian market is very active.
- **Characteristics:**
- Liquidity: Moderate, as only the Asian market is active.
- Volatility: Pairs involving JPY (Japanese Yen), AUD (Australian Dollar), and NZD (New Zealand Dollar) tend to have higher volatility.
- Trading Opportunities: Suitable for traders who like to trade trends or news in the Asian region.
- **Note:** Volatility may be lower than the London or New York session.

### **2. 5:00 AM (EST)**
- **Trading Session:** This is the time near the end of the Tokyo session and the London (European) session is about to open.
- **Characteristics:**
- Liquidity: Starts to increase due to the preparation of the European market.
- Volatility: This is the time between two trading sessions, there can be strong fluctuations, especially in major currency pairs such as EUR/USD, GBP/USD.

- Trading opportunities: Suitable for breakout trading strategies when liquidity increases.

- **Note:** The overlap between Tokyo and London can cause sudden fluctuations.

### **3. 9:00 AM (EST)**
- **Trading sessions:** This time is within the London session and near the beginning of the New York session.

- **Characteristics:**
- Liquidity: Very high, as this is the period between the two largest sessions – London and New York.

- Volatility: Extremely strong, especially for major currency pairs such as EUR/USD, GBP/USD, USD/JPY.

- Trading opportunities: Suitable for both news trading and trend trading, as this is the time when a lot of economic data is released (usually from the US or the European region).

- **Note:** High volatility can bring big profits, but also comes with high risks.

### **Summary of effects:**
- **1 AM (EST):** Moderate volatility, focusing on Asian currency pairs.

- **5 AM (EST):** Increased liquidity and volatility, suitable for breakout trading.

- **9 AM (EST):** High volatility and high liquidity, the best time for Forex trading.

==> How to trade, when the high/low of CRT is swept, move to LTF to wait for confirmation to enter the order
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Only sell at high level and buy at discount price.
Find CE at specific important time. Trading CRT with HTF direction has better win rate.
The more inside bars, the higher the probability.
Place a partial and Move breakeven at 50% range.
Do a backtest and post your chart.
發行說明
- Changing the logic helps increase the success rate.
- Any CRT that is struck by a candle and then sweeps the beard will draw a line and send a warning.
- When there is a warning, it will return to LTF to wait for confirmation of the order.
- This method does not have entry, tp, sl.
==> You use the SMC order entry method and manage capital in your own way.
發行說明
Add syminfo and timeframe to alert
發行說明
Update HTF boxes
candlesCandlestick analysismultitimeframepaulsentimentSMC

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PAUL
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