Daily Candle Strategy

Trade BTC and Gold using a daily candle price action strategy. Enter when the current day's candle reaches 80% of the previous day's range, targeting the prior

Published · Updated · Methodology: Price Action

Part of: Price Action

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: Daily, 15 minute
  • Markets: BTC, Gold

Source video

Decoded from: 100% Win Rate Strategy Full explanation on Chart | My trading Strategy that stopped my Losses by The Amit Singh Methods — watch the original

Key timestamps:

  • 0:18 - Strategy introduction and 100% win rate claim
  • 0:55 - Tested markets (BTC and Gold)
  • 1:05 - Timeframe (Daily)
  • 1:20 - Daily candle analysis rule (80% of previous day's candle)
  • 1:50 - Alert setting for entry
  • 2:10 - Entry point definition
  • 2:20 - Target point definition
  • 2:35 - Stop loss placement (15-minute timeframe, larger SL)
  • 3:10 - Rationale for larger stop loss and waiting for target
  • 3:45 - Trend following principle

Strategy overview

A daily-candle approach treats each completed daily bar as a single unit of information — its range, its close, and its relationship to the bar before it — and builds the decision on that alone, without indicators. What distinguishes this entry is not the concept but its timeframe pair: the catalogue lists both a Daily and a 15-minute chart, which means the daily candle is not the chart being traded. It is the measuring stick. The decision is framed at daily resolution and then handed down to an intraday chart where the actual entry is located, so the two timeframes do different jobs rather than confirming each other.

That division shows up in how the source video is structured. "The Amit Singh Methods" spends its early minutes on the reading — what the previous day's candle is compared against — and only then moves to setting a price alert before defining the entry. A method that routes through an alert is a method designed around waiting: the analysis happens once, after the daily bar closes, and the screen time comes later, only if price arrives. The two markets the video works through, Bitcoin and gold, are both known for large single-day ranges, which matters here because when the unit of measurement is the size of yesterday's candle, that size sets the scale of every distance downstream — the same rule produces very different stop and target geometry on a quiet day than on a violent one.

The video is titled "100% Win Rate Strategy Full explanation on Chart | My trading Strategy that stopped my Losses." That figure is the creator's own headline language, demonstrated on charts rather than reported from a tested sample, and nothing on this page verifies it. This entry does not carry a decoded rule set, so what follows here stays at the level of the concept and the source: the framework is a daily-close reading executed on an intraday chart, and the specifics live in the original video.

Topics

daily candle strategy · price action · btc trading strategy · gold trading strategy · 15 minute strategy · swing trading · tradingview strategy · trading strategy · pine script · crypto trading strategy · day trading strategy · market analysis · technical analysis · previous day candle · high probability setups

Frequently asked questions

What is a daily candle strategy?

A daily candle strategy makes decisions from completed daily bars — their range, close, and relationship to the previous day — instead of from indicators. Each finished day is treated as one piece of information about who controlled the session.

Why does this strategy use both a Daily and a 15-minute timeframe?

The two charts have separate roles. The daily candle supplies the reference the decision is measured against, while the 15-minute chart is where the entry is actually placed. It is not multi-timeframe confirmation; it is analysis at one resolution and execution at another.

Which markets does the source video apply this to?

The video works through Bitcoin and gold. Both routinely produce wide single-day ranges, which is relevant for any approach that scales its levels off the size of the previous day's candle.

Should I take the "100% win rate" claim at face value?

No. It is the phrasing in the video's own title, illustrated on charts rather than backed by a published test, and no trading method has a guaranteed outcome. Backtest any candle-based rule set on your own historical data and instrument before committing capital — Strategy Decoder catalogues strategies from video sources so you can evaluate them yourself on TradingView.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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