Diupdate
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.
Catatan Rilis
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.Catatan Rilis
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.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.