Cosmic Candles
- Indicatori
- Pieter Gerhardus Van Zyl
- Versione: 1.0
Check out my German Pro Signal - https://www.mql5.com/en/signals/2354346
Cosmic Candles is an advanced price-action visualization tool that transforms ordinary candles into a dynamic, color-coded map of market energy. Instead of relying on traditional indicators in a separate window, it enhances the main chart itself—classifying each candle into one of four distinct “cosmic states” that reflect underlying momentum pressure and trend intensity.
Each candle is painted in a specific color theme:
-
Neutron Star (Aqua) – Strong bullish momentum
-
Nebula Glow (Blue) – Controlled or weakening bullish pressure
-
Asteroid Field (VioletRed) – Controlled or weakening bearish pressure
-
Black Hole (Magenta) – Strong bearish momentum
Behind the scenes, the indicator evaluates directional strength, smooths internal energy shifts, and compares short-term thrust against a gravity-like baseline. The result is a structured four-phase market model that visually separates impulsive moves from transitional or fading conditions.
How to Use
Cosmic Candles works best in trending and momentum-driven environments but remains useful during consolidation by highlighting phase transitions.
Trend Trading:
Focus on consecutive Neutron Star or Black Hole candles. Multiple strong-state candles in sequence suggest sustained directional control. Look for pullbacks into weaker states (Nebula or Asteroid) as potential continuation entries.
Momentum Shifts:
Transitions from strong bearish (Black Hole) to bullish states often signal early reversals. The same applies in reverse. Watch for state flips near support/resistance zones for higher-probability setups.
Risk Management:
Use the change from strong to weak state as an early warning of momentum exhaustion. This can help tighten stops or scale out.
Parameter Tuning:
-
Galactic Period adjusts sensitivity to directional strength.
-
Quantum Smoothing controls responsiveness vs. stability.
-
Gravitational Signal defines how aggressively trend pressure is filtered.
Cosmic Candles is not a signal generator—it is a structural lens. Combine it with market structure, liquidity zones, and session timing for best results.
