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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.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。