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H4 Cross + LTF Candle Alignment (Short Lines)

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H4 Cross + LTF Candle Alignment (Short Lines)
This indicator identifies potential trade opportunities by combining two key conditions:

The current H4 candle crosses above or below the previous H4 candle's high or low.

On a lower timeframe (like 5 minutes), the price shows two consecutive candles moving in the same direction (bullish for long, bearish for short).

Once these conditions align, a short entry line is drawn on the chart and an alert is triggered, providing an early signal for potential price movements. Perfect for traders looking to capture trend continuation with a clear visual marker and timely alerts.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.