Grafico New Candle x
- Indicatori
- Rogerio De Freitas Francisco
- Versione: 1.0
- Attivazioni: 5
Principle of Operation
The indicator is based on the basic price data: high, low, and close, organized in the form of full-body candles.
Each candle visually represents market behavior over a specific period.
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When the candle is bullish, it indicates buying pressure.
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When the candle is bearish, it indicates selling pressure.
The size of the candle body shows the strength of buyers or sellers:
larger bodies indicate stronger momentum, while smaller bodies indicate weaker pressure.
In addition, the indicator includes a strength meter, displayed in pips or percentage, allowing the user to clearly see how much price has moved in favor of buyers or sellers.
Product Advantages
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Easy to understand and use
Clear visual signals based on candles, without complex calculations. -
Measures real market strength
Shows who is in control of price action — buyers or sellers — and how strong that control is. -
Supports better decision-making
The pip or percentage meter helps determine whether a move has enough strength to continue or is losing momentum. -
Versatile
Can be used on different assets and timeframes, adapting to various trading styles. -
Reduces market noise
By focusing on high, low, and close prices, the indicator filters out irrelevant movements and highlights what truly matters.
