Candle Session Indicator

[SteveT]

Hi

Just wondering if anyone has this indicator for crappy Empty4. (see attachment)

I have google searched but can not find anything.

This Reversal Indicator is based on Japanese candlestick counting. An underlying trend is established by comparing consecutive down/up candles to identify the Record Session Low/High. Thereafter a sequence of opposite moving candles based on High/Low breaks are recorded until the maximum count is reached or until a new Record Session Low/High is found. Potential reversals tend to occur at counts of 8, 10 or 13!