AHG - Profitable Strategy for Struggling Traders

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It's tomorrow now in some other part of the world, so I am allowing myself to ask another question.

Double Bottom Rules:
Is the following correct?

1. Double Bottom (not low of day):
-(Aggressive): Buy when the high of the middle swing bar is taken out
-(Conservative): wait for 1 higher high and 1 higher low, then buy

2. Double Bottom (low of day):
-(Aggressive): Wait for 1 higher high, 1 higher low, then buy on a bar that surpasses the high of a previous bar
-(Conservative): Wait for 2 higher highs, and 2 higher lows, then buy.

3. Double Bottom (all of them):
-If the 2nd low of the double bottom was a higher low, and there is a significant trend break on the close of a bar, then buy on the next tick that surpasses that bar.

(ALL VICE VERSA FOR SHORTS)

I know these probably aren't hard and fast rules. Would depend on what the chart and price analysis looks like. But are these rules correct in the generic sense?
 
Quote from screenstruck:

Mac, you seem to be the perfect guy to compile the much awaited the FAQ ! :D
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Yeah......that would give me something to do at work.
Only problem is I don't fully understand the AHG method yet.
I just read thru all 375 posts or whatever it was last week.
 
...would you mind sharing the other three with me ?
... thanks....i am interested in them too
Quote from Anekdoten:
Elovemer,
Now, the M bottom, great sample, thank you.
I collect those rare babies. I got three, keep them coming :D
Anek :p
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For AHG method I was using OHLC bars all the time. I realised I must switch to candlesticks which I have done. I am using QT with IB a/c.

I will much appreciate if someone can post with graphical representation different types of candle bars and what they might mean. Some link to this info will do as well.

Again much appreciated and thanks to everybody for making this a great thread.
 
Quote from osho67:

For AHG method I was using OHLC bars all the time. I realised I must switch to candlesticks which I have done. I am using QT with IB a/c.

I will much appreciate if someone can post with graphical representation different types of candle bars and what they might mean. Some link to this info will do as well.

Again much appreciated and thanks to everybody for making this a great thread.
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Hi Osho,

Hope the attached helps.
An excellent resource for learning about candlesticks is Steve Nison's books on candlesticks. His newest being the candlestick course.
http://www.amazon.com/Candlestick-C...4055023?ie=UTF8&s=books&qid=1191836169&sr=8-1
 

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Quote from hwkaiser:

The following Candlestick reference sheet was given to me, I hope this may assist fellow students.
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Thanks so much for the information. I will start my lessons.

osho
 
Anek,
Why not use larger bars (other than tick) and use intrabar order generation so you can go back farther in your backtesting? You probably knew this but thought I'd mention.
 
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