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The funda of the master candle only pertains to 5 min interval? or the same logic of master candle can be applicable on Daily candle as well?
You can apply it for any time frame but should only be treated as a confirmation
What do you mean by 1:1 target? Can you please explain with an example
Hi, if your SL as per master candle is rs.100 than profit should be rs. 100....1:1
thanks for sharing
Nice what is accuracy of this statergy?
We shld treat this as a confirmation for swing trades / intraday and mixed with price action, and support or resistance it works extremely well...with more than 80% accuracy