Just a tweak on the orginal with clearer bull/bear harami arrows. No suggestion on how you should trade it - it's just an indicator, not a strategy! For 1m and 2m binaries, it's quite good at picking out next candle, but most with trend. Anyways, nothing to write home about. Trade smart.
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Obviously, you can lay it over Heiken Ashi and use Shiva Krishnan's EMA6 strategy. But again - this is just an indicator from my point of view: I don't advocate any strategy myself.
I'm assuming they are Dojis, but how does that play into this strategy?
luckyleo0880
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@tilomitra, the doji will help detect a trend reversal there are 4 styles of dojis there is the long leg doji which indicates a strong reversal, the basic doji which is just part of the reversal, the dragonfly doji when at support indicates a strong bull trend is about to take place, and the tombstone doji when at the resistance indicates a strong bear trend is about to take place
tilomitra
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Hey, thanks for this. What does the "D" stand for?