Tiptop Indicator

Indicator strategy...

The indicator analyzes today's candle exclusively.

When the day's candle opens at twelve o'clock and one minute at night, a vertical line and a horizontal line are opened to know and determine the market direction based on the hourly candle, where the candle is determined from the settings, the four-hour, hour, half-hour, or quarter-hour candle.

But the hourly candle is the one that depends.

  If the market trend is above the opening line, it means that the trend of today’s candle is upward. Conversely, when the market trend is below the line, it is bearish.

Identify entry signals and provide recommendations for entry.

Example: If the market opens and the indicator heads down, then rises again above the middle line and continues to move above the opening line, this confirms that the trend is up. If it bottoms above the middle line, it gives us a recommendation to buy. Conversely, when it opens above the middle line, then it declines again and continues to move below the middle line, this confirms that the direction of today’s candle is bearish. If it makes a peak below the middle line, it provides a recommendation to sell.

Settings:

Indicator name: Tip Top

The font color is changeable, the size is one pixel, and the fixed color is yellow

The hourly candle is fixed. With the possibility of changing the candle for either four hours, an hour, half an hour, a quarter of an hour, five minutes, or a minute.