0 HOW TO READ CANDLESTICK POSITION

A candlestick form has a different meaning if it is in a different position. Therefore in order not to be fooled by a candlestick form, we will discuss the following candlestick analysis by position.
 
The doji candlestick
On a quiet market with the formation of a relatively flat chart, a doji is really showing that at that time the market was no passion, The energy is weak and a lot of traders who have not entered the market. So that the direction of the next candle is more determined by how many traders are entering the market. In these conditions we do not need to come into the market. We better wait until the emergence of a clear signal.
In the volatile conditions, a doji candle formed after the long body describing that there are the blockage of candle power. The doji was mostly formed by the correction. Therefore the direction of the next candle will explode and form the candle with a long body again with  the same direction toward with  the candle body  before the doji formed

The doji candlestick formed after the short body (spinning top) shows that when the market gets weaker and arguably reached its peak. And the start of the power reversal. So the next candlestick direction will opposite with candle before doji  formed.

0 Ultra Scalper Forex System Indicator

How the System works
As the majority of trading systems, Forex Ultra Scalper utilizes a system, known as a “Signal Generator – False Signals Filter”.Forex Ultra Scalping begins to operate the very instant you loaded indicators into a chart. The system analyzes previous price activity. Based on that activity, the system creates a few possible scenarios of further activities. Minute by minute, new computations are being made. Activities fitting the predictions, calculated by the system, allow for the next computations to be even more precise. The signal
generator, based on the price analysis, finds an optimal moment in time for opening an order. Afterwards, a signal is passed on to a filter block for even further processing.

The “Real Deal” with the Forex Ultra Scalper
The product has one of the Up-to-date modern algorithms, designed around our “Ultra Smart Prediction Technology”.The main ‘staple’ is the Filter Block, (that blocks false signals), that we, in all honesty, consider our Pride and Joy.This block analyzes all possible incoming data: Dynamics of quotations activity Time of the day and market activity during different sessions Volume Spread expansion dynamics Quotation activity the very same time, but the day before The presence of divergence and convergence - both at quotations as well as oscillators All these computations are done “on the fly”, in a split second, sending the resulting signals to a trader.

Package Contains the following indicators:

• ultra_signal.ex4

• ultra_filter.ex4

• User's Guide (PDF File)

Open any chart in MT4.
Please use M1 Timeframe only.

For more details read on PDF File user's Guide.



We are really sorry that we can not provide download link for the System.This Post is only for review

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0 How to Read Candlestick Direction

If the requirement to achieve a profit that is a correct prediction, then we must try to predict the next market direction. And to predict the next market direction can be done in three ways.
Which must be known to read candlestick?That is a part of candlestick itself. We all know that the candlestick formed by the opening price (open), the highest price (high), lowest price (low) and the Closing Price (close) to the period or time frame.
The difference in the position of the Open, High, Low and Close this makes candlestick forms from time to time different. And from a candlestick form, it consists of several parts.

1. Upper tail
Tail above shows a pressure of seller. The greater the pressure and the buyer can not keep up then the buyer will lose and end of the period of depressed prices down to form a long tail.

2. Body
The amount of body shows a dominance between buyer and seller. If at that time the buyers are dominating the market will body candle brightly colored (white / green). Similarly, when that is dominating the body candle seller dark (red / black).

3. Lower tail
Below shows the impulse tailed by buyer. Encouragement will lift prices higher. If previously the price down then with the encouragement will form a tail down.
Of the three things above are PRESSURE FOR SALE - DOMINATION - BUY ENCOURAGEMENT we can read what happened in the candlestick.

We can read candlstick the following framework:
At first the market is dominated by (BUYER / SELLER) but then (BUYER / SELLER) provides resistance to doing (PRESSURE SELL / BUY PUSH). If the end of the period returns:
1. Buyer still dominate. So the next candle will most likely go up.
2. Selling pressure is greater than the dominance of buyers, then the next candle will likely fall
3. Seller continued to dominate. Then next candle still may go down.
4. The urge to buy more than dominance seller, the next candle is likely to rise.
Next you just feel the energy. If the candle moves fast it means the power of Candle is strong  and if the candle moves slowly ,the power of candle is weak. In addition it should be noted that the position of the candlestick itself is located in a zone overbought, oversold or normal conditions.
When the chart is in oversold area and a candlestick get the urge to buy that big then the next possibility would be formed bullish candlestick. Vice versa

0 How to Read Candlestick Charts

One method of technical analysis is to read a candlestick chart. According to the technical analysis of the data provided candlestick that has formed, we can predict what the next candle will be formed.
Is candle Candle Up or down. So if we have a picture of what the candle is formed, we can make a decision whether to buy or sell.
So, Here's how to read candlestick chart:
In Psikology, candle formed due to selling pressure and buying impulse. The difference in the amount of pressure and encouragement is what later led candlestick forms differ from each other.

Chronology candlestick formation:
- When there are many buyers are doing BUY, thus increasing the market price at the end of the market closed above the opening price, eventually formed the candle Up (green). The amount of impulse buying can be measured from market movements from Low to Close. The greater the motivation, the greater body candle is formed. So the amount of green candle body shows dominance buyers.
- When many traders are doing SELL, the market price goes down, so at the end peiode usually closing market value below the opening price. This condition causes the candle that formed red (down). In the candle down (red) High pressure is measured from the seller to Close. The greater the pressure selling, then the price will fall further and further establish a long red candle body. So the body size of the red candle shows the magnitude dominance seller.

To determine the direction of the next candle, there are some that need to be noticed.
These are:
1. Resistance 2. Acceleration of motion 3. Slowing the rate of  4. Under the direction Experiment 5. Convergent

1. OPPOSITION
The point is when one party dominates the market will move in the direction of the candle. For example, when buyers dominate the market in the direction of the candle will continue to rise. As long as there is no resistance from the seller (no sales means) candle is formed following the direction of the previous candle. Until one day when some traders feel the price is too high or too saturated, it appears the sales action As with forms of resistance from the seller. One reason is profit taking.
Form of resistance shown by the tail candle. When the resistance is greater than dominance, then the next party to fight to win and will be a change of market dominance, so that the trend will reverse direction. From this we can predict that the next candle will reverse direction as well.

2. CANDLESTICK ACCELERATION
Body a candle that is larger than the previous candle showed an enthusiasm. So when many traders were eager to open a position, it will produce a power to move the market so that the direction of the kind. Moreover, there is no resistance, then we can predict the candle that will be formed in line with the enlarged candle.

3. CANDLESTICK DECELERATION
The opposite of enthusiasm, skepticism traders to open positions led to market slowed. This doubt arises because traders assess the market was too high too low, the market is saturated or support and resistance zones. In the absence of traders who open a position, then there is no power to move the market. In this condition, we must be prepared ready to open a position behind the direction, because the market will be taken over by either party.

4. CANDLESTICK TRIAL REVERSE DIRECTION
In a saturated market position there will be those who try to end that trend going, who want to reverse the direction of a trend. But sometimes the effort begins with sebuuah test conditions, the test out whether the market could actually be reversed point or not. It is characterized by a long tail candle opposite the direction of the trend is going. Chronology is before the period ended as candle will be formed in the opposite direction of the previous candle. Towards the end of the period candle pulled back and closed to the direction of the previous candle. The existence of this experiment indicate the reverse direction will be reverse direction. So at this condition we can get ready to open positions against the trend.

5. CANDLESTICK CONVERGENT
Slowing body candle and a resistance (number 2) showed that the majority of traders expect the market reverse direction. However, when it suddenly appeared a candle that shows the enthusiasm remains in line with the trend that is happening (number 3), is questionable. Can be likened to when everyone wants one thing, but there is one people want different things, so when seen from energy, energy is actually one small and virtually empty, so it is very easy to beat.
This candle convergent condition can also occur because there are certain parties who want to get the best price, even though it knew the market will reverse direction, but still interesting to be higher or lower ahead to get a better price, then the market reversed point.
In these conditions, we see other indicators, if other indicators also states converges, then we can open opposite the trend going.

0 Read a Candlestick

Could achieve a profit is the dream of all traders. Therefore all traders competing to find the best way to predict the next market direction.Some are trying to predict the next chart only partially predict the next candle. But actually the predicted graph to predict a candle that is a work of the same. Because of this candle if described in a smaller time frame, it forms a graph. As well as a graph, if combined, would form a single candle on a larger time frame.
Therefore, to read one candle we have also read the compiler of Candle Chart on a smaller time frame. Thus will form a rule:

1. Therefore, to read one candle we have also read the chart penysun candle on a smaller time frame. Thus will form a rule:If the drafters of the candle chart patterns before a bullish continuation pattern, then the next candle will form a bullish candle
2. If the pattern of the previous candle chart compilers of a bearish continuation pattern, then the next candle will form a bearish candle
3. If the pattern of the previous candle chart compilers of a bullish reversal pattern, then the next candle will form a bearish candle
4. If the drafters of the candle chart patterns before a bearish reversal pattern, then the next one will be formed bullish candle

In addition to the above, read one candle can also be done by looking at the chronology of the candle proficiency level.
For example:

1. Candle long tail
Example candle with a long tail is a shooting star. Normally this candle appears at the end of the down trend and occur at oversold conditions.
Chronology:
Market initially moved down the power of the down trend is happening, thus forming a candle with a long body. But as it turns out the market have touched / passing area of ​​support or have entered the arena oversold, then the graph to be turning upside. At the end of the period covered over with the open price. Thus forming a long lower tail.
So down the long tail is the beginning of the movement up or also an attempt to reverse direction. If the chart on the reverse direction of the experiment is not yet established a pattern correction, then the next candle will have a lower tail. However, if the correction pattern has formed, the next candle will directly shape the body without having to form a tail first.

2. Candlebody long tail length.
Examples of this type of candle is green rocket. Rocket called because of its shape like a rocket and her very strong upward like a rocket.
Here we can see that the market initially declined and then reversed point upward, reversal Because power is so great that at the end of the period is much higher candle closed above the open, and form a long body. Here we can see a great enthusiasm to drive the market higher. So the next candle will surely ride.

3. Candle body length.
Eg marubozu bullish. A long body with short tail shows a dominance from start to finish without any significant resistance.
In normal conditions, after marubozu candle will be formed bullish candle with a shorter body, as a form of buying pressure forwarding but also weaken over time.
Yet if at the top of this marubozu no resistance, then the next candle to be down (bearis) as a form of a correction or preparation to climb higher.

HOW TO READ A CANDLE
One candle is enough to achieve a profit. That is the philosophy of a long-term traders. They just expect the profit from a single candle alone but with a lot of points earned. Time frames are usually used it at least 1 day. But for us the intraday traders can do like them, we can win a lot of points by shooting 4-hourly candle.
There are 3 techniques or how to read a candle next one is:
1. Candle power reading techniques
We can read the direction of the next candle to candle power felt before. Because the assumption is that if the power of the previous candle then next candle is the same direction as a form of power remaining is spent.
Power of a candle is actually measured by volume. It means that if a candle has a large volume of the normal length of the body of the candle is also a form of the energy utilization. Maybe we could imagine a vehicle that has a lot of fuel, these vehicles will be able to travel long distances. Completely different if only a little fuel, may only be a short distance away.
Therefore we can conclude:
If the previous candle has great power, but he was short then this means that power has not been used or blockage of energy. So the next candle candle body will explode long form.
If the previous candle has great power and great andle body, then this means that energy has been used. So the next candle remains in line with the previous candle power but long body candle will then be shorter.
2.Candle reading position techniques on a volatile market
In addition to the size of the volume, direction of the next candle can also be seen from the position of the candle itself. Candle in the volatile energy market is larger than the candle is in a quiet market. So the market is volatile candle bodies are usually longer.
Utilization rules that make up the body longer applies in candle position in a volatile market. You can imagine what might be in the middle of the candle volatile short condition is a form of weakening trend? What might at March're passionate easy to navigate reversed?
The answer is not possible. Therefore, if you see a short candle (spining top or doji) after a long candle on high volatility and that the chances of a long candle.
3. Candle reading techniques at the end of the trend
End of a trend is a very potential area of ​​reversal direction. Therefore, it is usually a tip trend occurred in the area saturated. Signs the market will reverse direction is the emergence of resistance and turning toward trial in the form of tail candle.
So, if you see a candle with a long tail equal to or greater than the length of the body and occurs in the saturated area, then it shows that there is a candle that had been resistance. Therefore the direction of the next candle will be opposite to the direction of the trend is going.
Those are some techniques to read the next candle.
May be useful.

0 Multimeter 2 Forex System Indicator

FX Multi-Meter II
An all-in-one indicator that was inspired by !x-meter. It provides at a glance alot of information that would normally require many charts and indicators and general screen clutter. It was designed to give more precision to both trade entries and exits and provide an instant snapshot of a currency pair's movement. Multi-Meter works on any currency or timeframe and displays the following...

Standard Indicators 

• A graph of Stochastic Oscillators on timeframes M1 up to D1. 
•  An indication of the market trend using Moving Averages on timeframes M1 to D1.
•  The direction of the MACD on the current chart, and crossing of the signal line and zero line.
• The direction of a fast 3 period LWMA crossing a 5 period SMA (periods customizable).  The direction of the Parabolic SAR on the current chart for giving the exit signal and also confirmation for entry.
• An oscillating graph of the William's % Range indicator. This was used because of its fast movement and unique predictive quality. Also because its very good for identifying Overbought/Oversold conditions.
•  A Bar % Increase/Decrease meter developed to give a direct visual representation of the percentage rise or fall of the current price compared to the last 4 bars. It's simple but effective. The gist of it is that the previous 4 bar movements (close to close) are averaged and percentaged, so if the current bar rises above 100% it is speeding up above the recent average, conversely if it drops below 100% it is slowing down and taking on a more steady movement. Strong price movements are displayed in bright red or green, with varying shades according to the strength of movement.
• The overall recommended signal to trade, based on the various indicator signals.
• And last but not least the spread of the currency, in big easy-to-see numbers. 

New in Version 2

• A History viewer in the form of a vertical line that can be dragged over previous bars to bring up the history in Multi-Meter. (Beta version)
• A multi-timeframe Trend Graph showing the direction of 7 customizable Moving Averages on 7 timeframes.
• An OB/OS Signal Map, showing the Overbought or Oversold signals from 7 different oscillators/indicators on 7 timeframes.
• Customizable Overall Signal, using a combination of current and multi-timeframe indicator signals.
• Price/Chart/Currency display that can be switched on or off.
•  Switch between Default and Compact mode. 
• Options can now be accessed without reloading onto a chart.

Download



How to download: click here

0 Ultra Scalper V2.0 Forex System Indicator

How the System works

There are different types of products on the market. But there are some things that are unique about our Ultra Forex Scalper.It is the manual system based on an ideal combination “Signal Generator + False Signals Filters”.Forex Ultra Scalper begins to operate the very second you loaded it into a chart. It analyzes previous price activity and “creates” possible scenarios of further development. Minute by minute, new computations are being made. The more you trade with it, the more precise these calculations are.Please also note that any signals that are determined by the Ultra Scalper are not just passed to you, they are carefully filtered to make trading more reliable.

The “Real Deal” with the Forex Ultra Scalper
It is the modern manual system for scalping that is based on our “Ultra Smart Prediction Technology”.
The main ‘staple’ is the Filter Block, (that blocks false signals), that we, in all honesty, consider our Pride and Joy. This block consists of 2 steps.First one is the ultra_filter which filters many factors of the current market and the second one is ultra_flatter. It checks the price activity and determines the sideways
movement.

In more details, what is being analyzed:
- Dynamics of quotations activity
- Time of the day and market activity during different sessions
- Volume
- Spread expansion dynamics
- Quotation activity the very same time, but the day before
- The presence of divergence and convergence - both at quotations as well as oscillators

All these computations are done “on the fly”, in a split second, sending the resulting signals to a trader. Yes, you need to watch the data on the screen, but believe me.Ultra Scalper does a lot more!

Package Contains the following indicators:

• Ultra_signal_2_0.ex4

• Ultra_filter.ex4_2_0

• Ultra_ flatter_2_0.ex4

• User's Guide (PDF file).

Please use M1 Timeframe only.

For More detail read on PDF File User's Guide.



# We are really sorry,we can not provide link download this System for FREE. It is the REVIEW about "Ultra Scalper V2.0 Forex System Indicator".

#  If you still want to own the System,just you try this way.