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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 dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.