Highest price for H1 candle

[Sky 1]

Please , how can i catch up possible highest price level of H1 candle , would like to put sell position?

[jstap]

@sky-1 I am unsure what you mean, if you mean the highest point a candle will get, nobody knows, if you mean the highest point within a range use market properties. If you want a predictive price point then Fibonacci is the only way I know but this is still a guess.

[TipsyWisdom]

@jstap

if you could teach me how to trade from the highest high to the lowest low while youre at it, Id appreciate it.

[jstap]

@tipsywisdom If I ever learn I gladly will.

[captain jack]

@jstap said in Highest price for H1 candle:

@tipsywisdom If I ever learn I gladly will.

Simple. Use the below formula with last candle body size being "x".

x=108−−−√+10−−−−−−−−−√3−108−−−√−10−−−−−−−−−√3.

Then x3=(108−−−√+10)−3(108−−−√+10)2(108−−−√−10)−−−−−−−−−−−−−−−−−−−−√3+3(108−−−√+10)(108−−−√−10)2−−−−−−−−−−−−−−−−−−−−√3−(108−−−√−10)

[jstap]

@captain-jack Interesting but defiantly not simple, my brain says to me that the current is always a set size to the one before? I will add this to custom code and see but first you'll have to tell me why x= this formula, how would you then apply this to current candle? Are you to working out the percentage of previous candle vs this formula to give the expected size of current?