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Trend Bars

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Indicated by the red and green boxes above/below the candlesticks, this indicator shows any candlestick with a candle body GREATER than 50% of the entire range of the candle (from high to low). For example, a red box above a candlestick indicates that this particular candle has a body greater than 50% of the entire range of the candle in a bearish direction. This can be used as confirmation of a bearish trend or reversal in a bearish direction.

Penafian

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