This indicator is set with 3 EMA's:
When EMA9 is up to EMA20 and:
the same rules above is true, rthe range will be painted in red
Strengh Candle:
OBS: More info inside code comments
- - EMA9
- - EMA20
- - EMA50
-
When EMA9 is up to EMA20 and:
- - the distance between them is up to 30 ticks
- - both is directional ( diff between current ema and last ema is up to 15 ticks )
the same rules above is true, rthe range will be painted in red
Strengh Candle:
- - Candle without huge shadow
- - If is bearish minium down shadow
- - if is bullish minimum up shadow
OBS: More info inside code comments
ملاحظات الأخبار:
Release Notes
- - Not considering high and low to 100% of candle size.
- - Considering 100% of size from open and close (candle body)