Well technically the red candle you are talking about is not within the last 24hrs from when I executed my trade, which is part of the original rules, to only look back across the last 24hr period. So, the green candle becomes the longest DSP bar. ...

Digamber Shankar PATIL's DSP Candle Strategy

Which rule specifically? I just use the break of DSP candle opens to alert me to a potential trade, then I use that price as an entry lvl as explained in the pic below. image

Digamber Shankar PATIL's DSP Candle Strategy

Yea, I watched that one go without getting in because I haven't liked trading USDCAD very much in the past with other methods, but truth be told, it would have worked out really nicely with this methodology. Great method for finding opportunities ...

Digamber Shankar PATIL's DSP Candle Strategy

Keep in mind, I'm not just shooting from the hip on these trades... I am looking at the longer term situation via hourly/4hr charts with my chosen tools and just using the DSP candles to signal that a potential trade opportunity has arrived and then ...

Digamber Shankar PATIL's DSP Candle Strategy

Who are you directing the question to? I trade this method slightly differently than the OP does... just so you know. With my style I look to see if the new DSP is heading in the direction of the longer trend, meaning that if the price were to break ...

Digamber Shankar PATIL's DSP Candle Strategy

No, I know it has way more than 96 bars. I just mark the 24 hr point and then analyze from there. Been working fantastically. However to be honest, I do add my own analysis into it for trend direction, current price pressure etc.... but I use ...

Digamber Shankar PATIL's DSP Candle Strategy

A new DSP for potential shorts just popped up on gold. Check it out. image

Digamber Shankar PATIL's DSP Candle Strategy

GBPUSD Short Target hit... Another +2%.... so far I've had +2%, -1.7% and +2%... not too shabby... image

Digamber Shankar PATIL's DSP Candle Strategy

I'm short GBPUSD @ 1.63446, after price pulled back to the DSP open. 1:1 RR again. Let's see how it goes. image

Digamber Shankar PATIL's DSP Candle Strategy

NZDUSD Long Filled @ 0.8118.

Digamber Shankar PATIL's DSP Candle Strategy

Hmm it seems that setting the refresh setting on the indicator doesn't solve the visual issues and the only way to clear it is to manually refresh the indicator. No real problem and doesn't sabotage the method... just a little annoying.

Digamber Shankar PATIL's DSP Candle Strategy

stopped out on EURJPY. Watching another DSP to the upside on this one. image

Digamber Shankar PATIL's DSP Candle Strategy

Entered Long on NZDJPY @ 83.10 after we finally broke over the DSP open in a convincing way and retested it. Still using 1:1 RR image

Digamber Shankar PATIL's DSP Candle Strategy

actually no... look at the indicator's scale. The 0 lvl is much closer to the upper end of the range than it is to the lower. Bloody hell it just missed my pending order by half a pip.

Digamber Shankar PATIL's DSP Candle Strategy

Took a short on EURJPY @ 139.166 after a retest of the DSP open... actually went higher so I have a slightly better than 1:1 RR. Feast your eyes... image

Digamber Shankar PATIL's DSP Candle Strategy

Missed one on GBPUSD... oh well... can't catch 'em all... Maybe we will get a retest of the open lvl before going down further... would want trend continuation information in that event before entering however... image

Digamber Shankar PATIL's DSP Candle Strategy

Stalking a NZDUSD Long... Would prefer price to retest the DSP Open lvl, so I have a pending long at 0.8118. Lets wait and watch... image

Digamber Shankar PATIL's DSP Candle Strategy

Profit target hit! +2% image

Digamber Shankar PATIL's DSP Candle Strategy

need to refresh the indicator or set the refresh setting to 0.

Digamber Shankar PATIL's DSP Candle Strategy

Just trying out the method, so I took a short on GBPAUD at the 7:00 GMT close. STOP LOSS above the DSP candle's close. Profit target is set @ 1-1(this is my own idea and is NOT from the original method). We will see what happens. image

Digamber Shankar PATIL's DSP Candle Strategy