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4 Candle Pattern [odnac]

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Long Signal (▲)
  • Candle 1: Bearish
  • Candles 2, 3, 4: Bullish
  • A price gap exists between Candle 2 high and Candle 4 low
  • Candle 1's high falls within that gap

Short Signal (▼)
  • Candle 1: Bullish
  • Candles 2, 3, 4: Bearish
  • A price gap exists between Candle 2 low and Candle 4 high
  • Candle 1's low falls within that gap

Once a pattern is detected, a line is drawn from Candle 1's low (short) or high (long).
⚠️ Note: The signal marker (▼/▲) is plotted on Candle 1, which is 3 bars in the past at the time of detection.
Since the signal appears only after all 4 candles are completed, wait for price to retrace back to the line before entering.

Settings
  • Show Signals: Toggle the ▼/▲ markers
  • Show Lines: Toggle the entry level lines
  • Short / Long Color: Customize signal colors

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.