MTF POWER OF 3 TNF💻

19 сент.

Types of Candlesticks in the Indicator
• Strong/Valid Candles: Identified by small asterisks below and above the candlestick body; Those with a body larger than 55% of the candle's total range.

• Tailed Candles: Are not marked by asterisks.
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The General Idea of the Indicator's Signals
The indicator generates signals based on specific candlestick patterns. It identifies valid candlesticks (those with a body larger than 55% of the total candlestick range) and marks them with asterisks above and below the body. Candlesticks with significant tails (long wicks) that do not meet the criteria are not marked.
These signals help traders spot potential trend reversals or continuation patterns, depending on the context and location of the marked candles within the broader price action.

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Daily time frame conditions
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Weekly and monthly time frame conditions
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Best Trading Conditions
- Condition 1: (the best)
• Daily Timeframe: Buy
• Weekly Timeframe: Positive (Bullish)
• Monthly Timeframe: Positive (Bullish)

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- Condition 2:
• Daily Timeframe: Buy
• Weekly Timeframe: Positive (Bullish)
• Monthly Timeframe: Negative (Bearish) (with the condition that monthly resistance is distant)

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- Confirmatory trend line
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- Volume detection by candle colors;
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3 окт.

Информация о релизе

• Weekly and monthly targets are added to appear on the day timeframe – and they can be edited (added or removed) from the sitting of the indicator

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3 окт.

Информация о релизе

the sizes and shapes of the tables and dashboards can be edited from sittings to accommodate for laptops and/or Mobiles app