Super Black Candle 1510 3020
Buy stop, sell stop, and stop loss — 19 ticks on 15/10, 34 ticks on 3020, for every SuperAreas market including micros and E-nanos
The law: 19 ticks and 34 ticks
Pick the market first, then the chart. The stop is always the same number of ticks. Points change with that market’s tick size — including E-nano NES, NNQ, N2K, and NDOW.
Gold tick is 0.10, so 19 ticks = 1.9 points and 34 ticks = 3.4 points. Crude, gas, currencies, DAX, copper, silver, crypto, and E-nanos use their own tick size the same way.
Understanding Stop Orders in Futures Trading
BUY STOP Orders
What it is: A Buy Stop order is placed ABOVE the current market price.
When it triggers: When the market price rises to your specified level.
Position taken: You will be going LONG (buying) futures contracts.
Use case: Used when you expect the price to break out higher and continue the uptrend.
SELL STOP Orders
What it is: A Sell Stop order is placed BELOW the current market price.
When it triggers: When the market price falls to your specified level.
Position taken: You will be going SHORT (selling) futures contracts.
Use case: Used when you expect the price to break out lower and continue the downtrend.
Risk Management Guidelines
1510 Chart Recommendations
Take Profit: 4 ticks (recommended)
Stop Loss: 19 ticks (next black candle formation)
Risk/Reward: 1:4.75 ratio
3020 Chart Recommendations
Take Profit: 8 ticks (recommended)
Stop Loss: 34 ticks (next black candle formation)
Risk/Reward: 1:4.25 ratio
Trade Entry Conditions
SRE=S Confirmed
SRE=S: Swing Retrace Extension = Confirmed
When to trade: Take these black candle formation trades AFTER SRE=S is confirmed
Chart preference: 1510 is recommended for tighter risk management
No Extension Confirmed
Scenario: If there is NO extension confirmed
Market condition: Trend is about to bend/change direction
Action: You can still take that trade on 1510 or 3020 (1510 recommended)
Trend Bending Signals
Go SHORT Signal
Pattern Sequence:
- HH (Higher High)
- HL (Higher Low)
- First LH (Lower High)
Action: GO SHORT - Trend is about to bend downward
Go LONG Signal
Pattern Sequence:
- LL (Lower Low)
- LH (Lower High)
- First HL (Higher Low)
Action: GO LONG - Trend is about to bend upward
Chart Type Reference
| Chart Type | Tick Count | Description |
|---|---|---|
| 15/10 (1510) | 19 ticks | Black candle offset. ES/MES/NQ/MNQ = 4.75 points. Gold = 1.9 points. Nanos use their own tick size. |
| 3020 | 34 ticks | Black candle offset. ES/MES/NQ/MNQ = 8.5 points. Gold = 3.4 points. Nanos use their own tick size. |
Pattern Types Reference
Sell Stop Patterns (Going SHORT)
HH- Higher High (Sell Stop: Entry - ticks)LH- Lower High (Sell Stop: Entry - ticks)DT- Double Top (Sell Stop: Entry - ticks)
Buy Stop Patterns (Going LONG)
LL- Lower Low (Buy Stop: Entry + ticks)HL- Higher Low (Buy Stop: Entry + ticks)DB- Double Bottom (Buy Stop: Entry + ticks)
• Buy Stop / Short stop loss: current price + ticks (LL, HL, DB)
• Sell Stop / Long stop loss: current price − ticks (HH, LH, DT)
