Thread: Does anyone else see manipulation on H4 candles before London?

I do algorithmic trading and those candles ruined my models. I had to include filters to avoid entrances in those hours. It’s pure noise.

Maybe, but you could also program your bot to operate only those fuses if you identify a pattern. You don’t always have to avoid noise, sometimes you can use it.

Some complain, others study it and monetize it. There’s the difference between frustrated trader and professional trader.

We're not all at your level of enlightenment, some of us are here to learn, not to receive sermons.

I'm sorry, but the market doesn't forgive the slow ones, either you adapt or they get you out of the game, that's how this works.

I use pre-London H4 candles as a reference to mark a range. If the price breaks the range with volume, I go in direction of breaking.

That sounds great, but how do you define that there's enough volume in Forex? There's no centralized volume.

You use tick volume or simulated volume with tools like VolFix, ATAS or even the volume of your broker if you have a decent one.

There is no scientific evidence that the volume of tick represents anything useful.

If used along with the candle context and price action, you can give important clues. It just doesn’t help, like any tool.