Atualizado
3 Candle Manipulation
3 CANDLE MANIPULATION
This indicator looks for:
GREEN → RED → GREEN
or
RED → GREEN → RED
The middle candle represents a temporary change in control.
The 3rd candle shows the original side taking control back.
GREEN → RED → GREEN
= Possible failed seller takeover
= Green arrow below Candle 3
RED → GREEN → RED
= Possible failed buyer takeover
= Red arrow above Candle 3
OPTIONAL VOLUME FILTER:
When ON:
Candle 3 must have higher volume than Candle 2.
When OFF:
Volume is ignored.
Simple idea:
Candle 2 = ATTEMPT
Candle 3 = REJECTION
The pattern can help identify possible traps, rejection, failed reversals, and quick shifts in market control.
This indicator looks for:
GREEN → RED → GREEN
or
RED → GREEN → RED
The middle candle represents a temporary change in control.
The 3rd candle shows the original side taking control back.
GREEN → RED → GREEN
= Possible failed seller takeover
= Green arrow below Candle 3
RED → GREEN → RED
= Possible failed buyer takeover
= Red arrow above Candle 3
OPTIONAL VOLUME FILTER:
When ON:
Candle 3 must have higher volume than Candle 2.
When OFF:
Volume is ignored.
Simple idea:
Candle 2 = ATTEMPT
Candle 3 = REJECTION
The pattern can help identify possible traps, rejection, failed reversals, and quick shifts in market control.
Notas de Lançamento
NEW FEATURE: Added an optional volume percentage filter between Candle 1 and Candle 3. You can now require Candle 3 to have a chosen percentage more volume than Candle 1 before a signal appears.Notas de Lançamento
New Volume Filter:The indicator now requires at least 1 of the 3 candles in the pattern to reach a minimum volume level. The default is 999 volume, and this value can be changed in the settings. If none of the 3 candles reaches the minimum volume, the signal will not plot.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.