During this pullback, you see a series of bullish candles. But look at the Candle Meter historgram, notice how the strength of these bullish candles decreases over time. It tells us that the bulls are gradually losing their power. Then finally, we got a big bearish candle. The strength value of this candle MT4 "Candle Strength" Indicator Analyzing candlesticks is a fundamental part of chart analysis. There is so much you can learn from the candlesticks, and you can get clues about the direction of the market and also important price ranges that may exist. This MT4 indicator is useful for analyzing candlestick Dec 03, · High close candles: The candle close is in the upper third of it's own range. Mid close candles: The candle close is in the middle third of it's own range. Low close candles: The candle close is in the lower third of it's own range. I would like to ask for help in creating an indicator, that differentiates these 9 categories: High close bull candle
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TSI (True Strength Index) Indicator Explained and How to Use It
, time: 11:33Candle Strength • quivofx
During this pullback, you see a series of bullish candles. But look at the Candle Meter historgram, notice how the strength of these bullish candles decreases over time. It tells us that the bulls are gradually losing their power. Then finally, we got a big bearish candle. The strength value of this candle Dec 03, · High close candles: The candle close is in the upper third of it's own range. Mid close candles: The candle close is in the middle third of it's own range. Low close candles: The candle close is in the lower third of it's own range. I would like to ask for help in creating an indicator, that differentiates these 9 categories: High close bull candle Jun 13, · Strength candles Indicator and trading system – is an indicator that displays the power purchase and power sales by timeframes. It controls the state on the same graph 7 and the “core” of timeframes in real time. With incoming data to 7 timeframes: from 1 minute to 1 day chart “shows” the power of buying and selling each timeframe
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