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FxCanli Costa

FxCanli Costa indicator draws all of the following with FxCanli Costa strategy
▪️ Market Structure
▪️ Up Trend with Green Lines
▪️ Down Trend with Red Lines
▪️ Imbalance(FVG)
▪️ Limit order Level
▪️ Entry Level
▪️ Stop Loss Level
▪️ Take Profit Level

******* Lets first understand about the FxCanli COSTA Strategy *******

Think that, we wait price to reverse from any level -
I call it PRZ (Potential Reversal Zone)
it can reverse in 2 type
Type 1 - it will reverse with 2 wave
Type 2 - it will reverse with 1 wave

⚫ What is PRZ (Potential Reversal Zone)?
Depends on your technical analysis, it can be any Harmonic Pattern level
or it can be Order block at Price action concept.

⚫ What is Imbalance (FVG)?
Fair Value Gaps are price jumps caused by imbalanced buying and selling pressures.
A bullish Fair Value Gap is created when there is a gap between the high of the first candle and the low of the third candle.
A bearish Fair Value Gap is created when there is a gap between the low of the first candle and the high of the third candle.

⚫ FxCanli Costa Strategy is starting now
At my trades, I always wait trend reversal ( Type1 or Type 2 , That I mention above)
for buy trades, I enter the trade below the break out candles
for sell trades, I enter the trade above the break out candles

⚫ Where to put stop loss and take profit?
Stop loss is always above/below swing High/Low
and take profit has to be at least 1/1 Risk/Reward ratio

******* What is FxCanli COSTA Indicator? *******

FxCanli Costa draws all these, depends on FxCanli Costa Strategy
🔴 Market Structure
▪️ Up Trend with Green Lines
▪️ Down Trend with Red Lines

🔴 Trade Levels
FxCanli Costa Indicator first draws Buy Limit level or Sell limit level on the chart

and when Price Reaced to that level it will show Entry / Stop Loss / Take Profit levels
it puts stop loss above/below swing High/Low
and it put Take profit depends on Risk/Reward ratio from inputs.

🔴 FILTERING

FxCanli Costa Indicator's input has got some filtering parts
With these filtering you will not enter all trades

For Example Fibonacci Filtering
it will only give entry signal of impulse's 0.618 and more fibonacci level

🔵 Others Filter are;
RSI Filtering - It will give entry signal, if only RSI is at Overbought or Oversold
EMA Filtering - It will give entry signal with the same direction of Exponential Moving Average
Imbalance Filtering - It will give entry signal, if there is FVG - Imbalance at the entry level

Thanks alot, wish you great trades