Strategy Dev/Backtesting with OHLC vs Intraday Data

 

Open High Low Close (OHLC) Chart, We can only suggest this type of chart style or candlestick charting to draw your lines in the chart. Our favorite style is candlestick style but quite honestly it is up to you what you decide is best for you.

And, to use them for forecasting prices. What's the best platform, Site to monitor charts? We require only the operation of a trading platform. A candlestick chart analysis is more accurate.

Pros and Cons of an OHLC Bars Chart

Forex Data API Docs. The If the interval is greater than 1 (for Open, High, Low, Close data) then the returned sub-Hash contains the following keys: symbol - The 6 char ISO symbol title - The human readable short title of the symbol time - The timestamp (standard UNIX time / epoch seconds).

Just in one chart that alone is very powerful. Another advantage is to see the open, the prev days high and low. This is price action at it its purist, i have waist-ed 2 yrs looking for the holy grail we all heard it it dose not exist, and price is the leading indicator, and this system help you see it in a clear way.

Pretty new to forex, as my experience is about one year only, but having some success with this. Trading it solely on m1 tf. Very nice results and consistency. The whole thing is to keep watching same tf all the time until mastered. The system uses colored boxes to indicate a trend for us to follow. You do not need to spend the whole day on the chart analysis, just follow the boxes.

We require only the operation of a trading platform. Learning the system is very fast, because we do not need to deal with complex indicators. You can trade any currency pair, but we recommend focusing on the majors due to the lower spread.

The method is primarily focused on the price, hence candles on the chart do not have any unnecessary elements like for example: Thanks to this solution, a trader can focus on the most important things.

It should be noted that Forex is a leverage based market. It should be remembered that leverage can work both in your advantage and disadvantage as well. Therefore there is high risk of losing a part or all of your financial input placed on your account and because of that you should remember to trade with the amount of money which you can lose without taking any influential financial damage.

Go back to the roots of trading Forget Technical Analysis! Follow the price in the simplest form.. There is only the price, the constant stream of capital. That is not the problem. Who can use this system? Please note that all comments are pending until approved by our moderators.

It may therefore take some time before it appears on our website. This comment has already been saved in your Saved Items. Don't buy at all.. Ban Chye Toh 1 hour ago. Preston Rogers 1 hour ago.

I open at 1. My account is on GBP would leverage would you advices my avaliable margin is Preston Rogers 2 hours ago. Preston Rogers 3 hours ago. Azwinndini Victoria 3 hours ago. What a normal lot size? Boitumelo Machethe 4 hours ago. Oh please advise stuck on a buy at 1. Preston Rogers 4 hours ago. I done that yesterday lost pound.

Hasan Humayun 4 hours ago. Ium stuck on a buy at 1. Michail Vidouris 4 hours ago. I was reading Dragon of Balkans yesterday. This guy is an expert. Is there anyone still buying? Preston Rogers 5 hours ago. I always get nervous when I see negative. What's the best platform, Site to monitor charts? New Learner 6 hours ago. I did wait with patience from morningas I believe your analysis jayantha.

Piotr Szyszkowski 6 hours ago. I've got my set up to close at 1. Valid options when interval is greater than 1 ie: Set the Agree To Terms Flag.

This may be used to suppress the License statement in Server responses. This may be useful in low-bandwidth conditions, for example. Set the NoStats Flag. This may be used to suppress the Account Stats in getData responses by setting the NoStats flag to a value of 1 This may be useful in low-bandwidth conditions, for example. Get the status of the last data retrieval function. Possible values are OK or Error. Load a list of all available data Symbols. The returning sub-Hash contains the following keys: Load a list of all available data Intervals.