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Old 09-07-2007, 07:55 AM
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daydreamer65 daydreamer65 is offline
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Join Date: Aug 2007
Location: UK
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Quote:
you just set it up on your own charting package master there is nothing to download as such
You will be able to do this with IE or Firefox as well, but I think
before I do I will need to get a new pair of specs. :lmao:

Just checked a little bit more difficult in MT4 !! Maybe I am missing
something. (Like a brain ha ha)

Quote:
Hi Daydreamer. James uses both the classic definition of an OB ie extremes outside the extremes of the previous bar and his own additional variant where the body is outside the previous body. In this latter case if the open is the same as the close of the previous candle but the close is still outside the high/low then this also counts if that makes sense. James does stress this is a weaker signal than an ib but gives you more opportunities. Entry and stop remain the same ie in this instance a pip or 2 either side of the extremes of the ob
Thanks for this Tony & the rest of you guys who contributed, I
haven't studied James "system" only picked up bits & pieces while
reading different threads, but now I see the correlation between
this system & candlesticks.

the plot thickens.
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