Which charts does 5 Candle call? Why not the 4-hour or the sells?
Quick answerThe daily buys. We tested it on every stock we scan and checked it on the most recent stretch it was never tuned on: only the daily buys made money on both. The daily sells and the 4-hour are drawn on the chart for context, never called.
The details
- Called: daily buys, on the stocks and ETFs we scan.
- Drawn, never called: the daily sells, the 4-hour and the 1-hour. They made money on one stretch of the test and lost on the other.
We only call the best setups. We tested more, and this is better: the first version called the 4-hour and the sells too. You can still draw 5 Candle on any timeframe on Find Better Charts.
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