Learn
Two separate things. Start with the walkthrough to learn the screen you trade on; the topics explain the trading behind it.
Two separate things. Start with the walkthrough to learn the screen you trade on; the topics explain the trading behind it.
Candle Arena needs the height to show a chart and your trade at the same time. Landscape on a phone is not supported yet.
Every term this app uses on a screen, defined once, each with an example of it in use.
Every term this app uses on a screen, defined once, each with an example of it in use.
The game mode. One chart, one plan, one reveal.
e.g.Open it, read one paused chart, commit to one plan, and watch the rest play out. Then the next chart.
One play of one scenario. You have at most one in progress.
e.g.You claim a chart, then either place a plan and see the result, or skip it. Either way, that round is over.
One practice chart and everything needed to settle a plan against it.
e.g.HZQM: two days of one-minute prices, paused at 11:30, with the rest of the day hidden behind the pause.
What you commit to before the reveal, and cannot change after.
e.g.Buy with a limit at 40.00, stop at 39.50, target at 41.00, $2,500 in.
Buy, Sell or No Trade. All three are complete decisions.
e.g.Buy if you expect a rise, Sell if you expect a fall, No Trade to sit the chart out.
A single instant, to the second. Never “the thirtieth candle”.
e.g.Wednesday 11:30:00. On the 5m chart and the 1h chart that is a different candle, but the same moment.
The instant the chart is paused at. The same instant at every zoom.
e.g.The chart stops at 11:30. Switch from 5m to 1h and it still stops at 11:30.
One of six resolutions of the same prices. A lens, not a decision.
e.g.1m, 2m, 5m, 15m, 30m and 1h: the same prices, cut into candles of different lengths.
How long the hidden future runs. Never shown to you.
e.g.The hidden part might run 270 minutes past the pause. You never see that number before you commit.
The moment the round ends and anything still open closes.
e.g.At 16:00 the round ends: a trade still open closes at the last price, and an order not yet filled never fills.
Closed because the horizon ran out, not because a price was reached.
e.g.Target 41.00, price peaks at 40.80, then the deadline comes: the trade closes at the last price instead.
The money the plan risked. Every result is quoted as a multiple of it.
e.g.Risk $50 between entry and stop. Make $100 and that is +2R; hit the stop and it is −1R.
What the hidden future actually offered: Clean, Trap or Chop.
e.g.Clean: a good trade was there. Trap: the obvious read lost. Chop: nothing either way.
Real past prices: what an instrument actually traded at.
e.g.A real stock's day, paused at 11:30, with the rest of that day hidden until you commit.
Where a screen and this list disagree, one of them is a bug.