This indicator shows 3 types of objects on chart: 1. downward red triangle above a candle: 3 green candles followed by a fourth red candle of which the low price is lower than the low of the 3 previous green candles, this is usually the sign of reversal from upward movement to a downward one. 2. 1. upward green triangle below a candle: 3 red candles followed by a fourth green candle of which the high price is higher than the high of the 3 previous red candles, this is usually the sign of reversal from downward movement to a upward one. 3. boxes: these boxes are drawn when the patterns of cases 1 and 2 fails to perform as expected which means we have some important areas at that level so it can be a resistance or support zone .
@akmaha, Hi there akmaha ! I have written the strategy but since my account is of free type I can not publish more than 2 scripts each month, this month's limit has got met ! So I'm gonna publish the strategy next month, you can follow my account to stay tuned ;)
Cmo22
⋅
HEAVILY slept on indicator. AMAZING work. Brother!
Mahdi_Fatemi1998
⋅
@Cmo22, Thank you. I am glad to hear it was helpful for you.
akmaha
⋅
Hi, are you publishing the strategy.
Mahdi_Fatemi1998
⋅
@akmaha, Hi there, yes thanks for reminding, gonna publish it within minutes