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I am still interested in why you think a rigid set of parameters (such as could be scripted) is somehow random. I thought one of your interests was automation. Would that not be useful in that regard? It seems to me for some reason some people want to leave descriptions vague and more to the point ambiguous. I just don't get it.
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Basically because it lies in the eye of the beholder. For someone as experienced as brownsfan who knows exactly what he's looking for - could be useful. But for a newbie, they would go hammer hunting and blow their account in a week. Overall, you really want to focus on the size of the body and the wick. This shows you the battle between the bulls and bears - it's all visual. If you are not a visual person, you will suck at reading candles.
If you could setup a program that would fire off a signal based off a specific candle and other characteristics that might be different. But most people just want to setup a program to hold their hand so they can buy every candle signal. Yet they'll end up missing the big picture.
But like I said in my other post, candles don't work for everyone. I set up a trade the other week using bar charts. I did okay, but once I switched from bars to candles I did much better. While others might have been confused, the trade concept made more sense to me.
I'm done ranting, time to make a new thread
