completly wrong! 'price' 'action' means as it describes, we trade the price value! no indis, no trend lines, nothing! only the price is relevant, you can trade the price on all tf, at every session.
You're completely wrong... the system is completely lacking in indicators, trend lines, etc... only price action (false break pin bars) Investigate a little further before you judge and make inaccurate statements
useless...pa cant trade infequently!!!! every price value (tick) can be traded, up, down, side - if you say your system ist pa and it trades infrequently, there must be rules which prevents to open orders! at this point it isnt pa, because other rules (false break) then the price value are active...and this (your system) is not pa!...learn the basics please only trading the price value is pa, every other rules like trend, pattern, false break, or other rules, is never trading pure price action aka the price value!
M.H.O. ProFXManager ... YOU'RE WRONG... EA trades Pin Bars which break above/below a Mother Bar and or an Inside Bar. It combines 2 BASIC PRICE ACTION phenomena (Pin Bars, Inside Bars) so perhaps you need to learn the basics of Price Action. The EA determines which setups to trade based on Parameters associated with the Inside Bar, Mother Bar and Pin Bar (ie. how long the tail of the Pin Bar is, how far above/below the mother bar high or low the Pin Bar tail breaks... etc. Please do not attempt to criticize or educate people on something you know nothing about (my system)
i do not criticize any system i dont know, i target only your wrong terms in pa! inside bars are pattern! and pattern have rules, the one and only pure price action is trading the price value only!! not a pattern, not the shadows, not inside, not false break, not trend lines, ....
trading the pure price (value) is the master class of pa! all others are pattern trading (1-2-3,...) trend line trading, strength trading, breakout trading, its rule based! and so on - THIS IS NOT PA TRADING! open your minds and see what the price is doing! no more is needed!
What we call Price Action is the action within the candle itself... or combined with another one. A pin bar reversal... and we will talk about price action. All the day market was trying to make it higher.. and before the end of the day, market reverses sharply... We say Price Action has given a strong sell signal. (Price Action is simply the solfège of the chart)
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