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ZY Return Candles

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The ZY Return Candles indicator detects possible reversal candles and generates trading signals with these candles. Since the TP targets of the transactions are the opposite Bollinger Bands, the indicator should be used together with Bollinger Bands. When the candle that the transaction came from and the candle that closed before it are considered together, the position should be SL when the highest/lowest values ​​of these two candles are violated, and the position should be SL with the opening of the following candle in the opposite direction and the TP target should be 1% more than the loss made with SL.

Penafian

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