Trading candlestick indicator Identical candles

Identical candles - is a semaphore candlestick indicator, which highlights on the chart the candlesticks in which the directions of all candlesticks, selected by the trader, coincide timeframes. For example, everywhere there are rising candles (bullish) or everywhere there are falling candles (bearish).

Any timeframe can be enabled/disabled. In addition to the arrows the indicator can give an audible signal when a new arrow appears on the timeframe open in the terminal.

Trading candlestick indicator Identical candles
Trading candlestick indicator Identical candles

The Identical candles indicator settings allow:

  • Turn off the display of all unnecessary arrows and leave, for example, only those that show the change of direction of the signal, that is, only the first arrow in each direction;
  • Specify from which candlestick to take the signal: a zero candlestick or an already formed candlestick. Keep in mind that if you take a zero candle, the signal can be overridden by the counter because the candle has not yet formed and is at the stage of drawing.

Note, if you take a signal from a zero candle, check the trading candlestick indicator Identical candles on the tester, because the history may be different data.

Download Identical candles trading indicator

Other profitable indicators for trading

The best modifications of the HullMA trend indicator

Keg of money trading script for money management

Author's trading indicator MA SSS TT SQR [4×10]

Leave a Reply

Back to top button