Do candle stick patterns work better on daily charts than intra day ?

I love to use Price action and I also see it as a candlestick pattern. but, it is more difficult to find signal filters. :confused:
 
5 min charts just seem to be noise imo


I am sure that's both true and not true. For some people it is noise, but it isn't for everyone. For the most part I tend to trade higher time frames. But if the market is slower I'll move to extremely low time frames. Even a 30 second chart is tradable if you know what you're looking for and have clearly defined set of perimeters.
 
I am sure that's both true and not true. For some people it is noise, but it isn't for everyone. For the most part I tend to trade higher time frames. But if the market is slower I'll move to extremely low time frames. Even a 30 second chart is tradable if you know what you're looking for and have clearly defined set of perimeters.
may be with your strategy i do swing so obviously s min dose not matter to me 15 is the smallest
 
Candlestick patterns mainly offer data on value shifts in the currencies. They are also useful to traders as they help in offering some idea of what kinds of tactics could work well when trading. The Forex candlestick indicators are mostly used with regards to price changes. I think they can be more effective intra-day.
Intra-day, candlestick patterns which rely on close-open gapping are a misleading distraction.
 

Do candle stick patterns work better on daily charts than intraday?​


We live in the 21st century hence I'd rather ask whether candlestick patterns are still relevant on markets being effectively made by algorithms.
 
In my experience, any strategy works better in a bigger time frame. Candle Stick pattern it self is not a strategy. However, it suggests whether the Bull or the Bear dominates. Thus, it works better in a daily time frame than in the intraday charts.
 
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