• 概述
  • 评论
  • 评论
  • 新特性

Three Sane Candle

The indicator shows trend direction and change. It analyzes price behavior by three different algorithms displayed on the current bar as a histogram consisting of three candles having bodies without wicks. The indicator generates accurate signals for following a trend.


Indicator Signals

  1. One big blue candle means a powerful uptrend. The bullish movement will most probably last for some time and a long position should be kept for a while.
  2. Three small blue candles on a bullish trend mean that the market is undergoing correction, and it is better to wait.
  3. The same blue candles on a bearish trend mean the price reversal. You can open a Buy order. When that happens, the indicator generates an Alert - LONG signal with indicating the symbol of the currency pair, timeframe in minutes and triggering price.
  4. Two blue candles and a pink one, as well as two pink candles and a blue one, mean correction or possible trend change. It is recommended to wait for the next bar.
  5. One large pink candle indicates a powerful downtrend. A short position should be kept for a while.
  6. Three small pink candles on a bearish trend indicate trend correction.
  7. The same pink candles on a bullish trend mean the price reversal. You can open a Sell order. When that happens, the indicator generates an Alert - SHORT signal with indicating the symbol of the currency pair, timeframe in minutes and triggering price.

The indicator works on all currency pairs and timeframes. It has no inputs for managing sensitivity.

无评论
版本 2.0 - 2016.07.19
Added the Alert_Box input parameter.