Order Block's & Market Entropy
Let's start with the definitions ;)
Entropy:
The most common definition is "CHAOS" in any system u could imagine.
In physics and in mathematics is a measurement of probabilities to determine a hypothetical scenario movement.
The famous call "Fake Outs" in trading is a perfect example of Entropy.
So, basically is the description of an imperfect market movement.
Order Block:
When there exists a huge change of trend in the market most of the time there exists a candle that tells us this coming change or uncertainty.
This uncertainty could be realted with a #Doji in any of their variations. #DragonFly & #GraveStone.
Strategy:
1.- Detect Doji Candle
2.- Perfect entry 50% ( Without "Market Entropy" )
3.- Entries With Market Entropy assumption
If Long
=> -0.786, -0.236,
If Short
=> 1.236, 1.786
In my opinion is a really simple strategy or analysis.
Pros: Very powerful if u ask me in order to get perfect entries with massive positions entries. Excellent Risk / Reward Ration > 1:5
Cons: Could be relative to the analysis bias.
Good Luck,
Anderson