➕ Candlestick Math: Mastering Candlestick Math, Predictive Power of Cand...

 





Binary Options Turbo Trader (#BOTT)
https://goo.gl/95wWoZ

Forex (FX) Turbo Trader (FOTT)
https://goo.gl/GcPh46

DO (Digital Options) Turbo Trader (DOTT)
https://goo.gl/DRThwk

🎓 Join the BOTT Mentorship Program!
📧 boturbotrader@gmail.com

📚 BO Turbo Trader Price Action Guide for Binary Options Trader PDF
https://goo.gl/J2aUqe

👉 SMASH THE LIKE BUTTON 👈
👉 HIT THE SUBSCRIBE BUTTON 👈
👉 LEAVE A COMMENT 👈
👉 SHARE 👈

★ CONTACT ME https://goo.gl/uvt3xJ ★

Facebook-Group: https://www.facebook.com/groups/botur...

Twitter:
https://twitter.com/boturbotrader

Blogger:
https://boturbotrader.blogspot.com/

Start Mining Cryptocurrency
http://goo.gl/1mJLbU

Risk Warning: Your invested capital may be at risk.
This video is not an investment advice.

Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

Understanding candlestick patterns goes far beyond just remembering and recognizing certain formations. Mastering Candlestick Math. Just like quant but candlestick charts can be useful from what I have seen. A candlestick is a type of price chart that displays the high, low, open and closing prices of a security for a specific period. It originated from Japanese rice merchants and traders to track market prices and daily momentum hundreds of years before becoming popularized in the United States.

A shadow, or a wick, is a line found on a candle in a candlestick chart that is used to indicate where the price of a stock has fluctuated relative to the opening and closing prices. Essentially, these shadows illustrate the highest and lowest prices at which a security has traded over a specific time period. Wicks of the candlesticks along with the body are the story tellers of the candlestick patterns. They are the graphs which represent the mind of the market traders. A wick or a shadow or a tail of a candlestick is a line situated above and below the body of the candlesticks. They may be long, short or missing.

Candlestick charts have been used in Western trading for many years and are a very popular method of plotting the price action of a given security over time. A filled bar, usually red, is created when a security's closing price is below the price at which it opened. The first chart shows normal candlesticks. A red candlestick means the close was lower than the prior close. In short, candlesticks are black when the close is up and red when the close is down. Separately, a candlestick is hollow (white) when the close is above the open and filled when the close is below the open.

Bullish Doji Star Reversal Pattern. Definition: The Bullish Doji Star pattern is a three bar formation that develops after a down leg. The first bar has a long black body while the next bar opens even lower and closes as a Doji with a small trading range.