Updated
CHT 3 Consecutive Candles

This indicator spots when a set number of bullish or bearish candles form in a row, and marks it directly on your chart with a coloured box and a label.
How it works
A candle counts as bullish if it closes above its open, and bearish if it closes below its open. When the chosen number of same-direction candles appear back to back (3 by default), the indicator draws a box around the whole run. Green means a bullish run and red means a bearish run. A label at the edge of the box shows the candle count and direction (3▲ or 3▼). A doji, where the open and close are equal, counts as neither and breaks the run.
How it works
A candle counts as bullish if it closes above its open, and bearish if it closes below its open. When the chosen number of same-direction candles appear back to back (3 by default), the indicator draws a box around the whole run. Green means a bullish run and red means a bearish run. A label at the edge of the box shows the candle count and direction (3▲ or 3▼). A doji, where the open and close are equal, counts as neither and breaks the run.
Release Notes
now the sl is at the top bottom of the box when before it would just be at the high/low of the 1st candle stick Release Notes
now there is a toggle option to see higher probiblity setups Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.