Candle ID - Trading RoadMap

Candle ID- Trading RoadMap

Simple Script to show

- Inside Bar
- Outside Bar
- Up Bar: Bar with a Higher Hi in comparison to the previous bar
- Down Bar: Bar with a Lower Low in comparison to the previous bar

Have a peaceful and profitable trading day 😊
Khaled Maziad

ملاحظات الأخبار:

I have added the following Patterns as discussed in my Free Trading Course " The Trade Journey ":
Visit Youtube Channel for more details: Trading Roadmap

- Inside Outside Inside Patter --> Green Highlight
- Outside Outside Pattern --> Purple Highlight

Have a Peaceful and Profitable Day :)

Khaled Maziad

ملاحظات الأخبار:

This's the Candle ID 3.0

I've included a new candle Pattern (Outside Inside Outside) Bar ---> Blue Background.

Legend of Candle ID:

X --> Inside Bar
O --> Outside Bar
Green Background Vertical --> Inside Outside Inside Bar
Purple Background Vertical --> Outside Outside Bar
Blue Background Vertical -->

Green Up Arrow --> Bar with a Higher Hi in comparison to the previous bar
Red Down Bar --> Bar with a Lower Low in comparison to the previous bar



Disclaimer: It's crucial to understand that candlesticks might not have a statistical edge per se; however, if you combine it with market structure and some other indicators would be very helpful.