OPEN-SOURCE SCRIPT
Indecision Candle Finder
Indecision Candle Finder, is a simple indicator for quickly identifying indecision candles.
What does Indecision Candle Finder Indicator Does?
This indicator enables quick and easy identification of indecision candles. When an indecision candle appears on a chart, this indicator identifies this candle with either a red circle for a bearish indecision candle, or a green circle for bullish indecision candle.
What is an indecision candle?
Indecision candles are relatively small and opposite direction candles that appear between two equal direction candles on a trending market. These candles usually have a smaller body than their wicks and can appear on any timeframe.
How to use Indecision Candle Finder Properly?
Indecision candles by definition indicate indecisiveness in the market. These are areas where some traders, especially the smart money do trades opposite to the market direction. On a trending market, these areas may work as resistance/support zones when the trend changes or the market makes a correction.
Indecision Candles especially work well on higher timeframes.
Example #1
In this graph, we can see a valid example of an indecision candle. A relatively small bearish candle appearing on a trending market. This zone worked as a resistance zone when the trend changes.
What does Indecision Candle Finder Indicator Does?
This indicator enables quick and easy identification of indecision candles. When an indecision candle appears on a chart, this indicator identifies this candle with either a red circle for a bearish indecision candle, or a green circle for bullish indecision candle.
What is an indecision candle?
Indecision candles are relatively small and opposite direction candles that appear between two equal direction candles on a trending market. These candles usually have a smaller body than their wicks and can appear on any timeframe.
How to use Indecision Candle Finder Properly?
Indecision candles by definition indicate indecisiveness in the market. These are areas where some traders, especially the smart money do trades opposite to the market direction. On a trending market, these areas may work as resistance/support zones when the trend changes or the market makes a correction.
Indecision Candles especially work well on higher timeframes.
Example #1
In this graph, we can see a valid example of an indecision candle. A relatively small bearish candle appearing on a trending market. This zone worked as a resistance zone when the trend changes.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.