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| Candle Session Indicator https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5663 |
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| Author: | SteveT [ Sat May 04, 2019 9:55 pm ] |
| Post subject: | Candle Session Indicator |
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! |
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