DAILY CANDLE PROFIT TARGET BIAS @MaxMaserati

6 hari lalu

Max Maserati Method for Candle Bias and effective price action Analysis

The MMM CANDLE BIAS 2.0 indicator, built on the proprietary Max Maserati Method, classifies candles to deliver clear, real-time market bias insights. It decodes price action, revealing institutional trading patterns often missed by retail traders.
The Six Core Candle Classifications: The Foundation of MMM Analysis
Master these six closing patterns, and you'll unlock the true language of price action. These are the building blocks of institutional trading behavior:

Bullish Body Close

Identification: Candle closes above the previous candle’s high.
Psychology: Strong buying pressure overcomes prior resistance.
Implication: Signals bullish trend continuation or reversal.


Bearish Body Close

Identification: Candle closes below the previous candle’s low.
Psychology: Intense selling pressure breaks past support.
Implication: Indicates bearish trend continuation or reversal.



Bullish Affinity

Identification: High tests or breaches previous low, but close stays within previous candle’s range.
Psychology: Buyers defend lower levels, rejecting downside.
Implication: Hidden bullish strength in consolidation.



Bearish Affinity

Identification: Low tests or breaches previous high, but close remains within previous candle’s range.
Psychology: Sellers cap upside attempts, gaining control.
Implication: Subtle bearish pressure despite failed breakout.



Seek & Destroy

Identification: Candle breaks both previous high and low, closing inside previous range.
Psychology: Institutions test liquidity on both sides before committing.
Implication: Direction depends on close—upper half (bullish affinity) or lower half (bearish affinity).



Close Inside

Identification: High and low stay within previous candle’s range.
Psychology: Consolidation with underlying directional bias.
Implication: Bias determined by close position relative to range.




Plus/Minus Strength System

Bullish Strength: Measures distance from low to close (buying pressure).
Bearish Strength: Measures distance from high to close (selling pressure).
Plus (+): Dominant strength significantly outweighs the other, indicating strong directional conviction.
Minus (-): Balanced strengths suggest a contested market, requiring caution.

Key Features

Automated Pattern Recognition: Instantly detects candle formations.
Color-Coded Bars: Green for bullish, red for bearish bias.
Dynamic Profit Targets: Projects targets based on higher timeframe high/low.
Real-Time Metrics: Displays bullish/bearish strength percentages and volume delta.
Customizable Table: Shows timeframe, symbol, bias, volume, and special note (“Analyze | Wait | Repeat”).
Bias Lines: Plots high/low lines on higher timeframe, with optional extension.
Labels: Customizable bias and profit target labels (Tiny, Small, Normal sizes).

Trading Advantages

Reveals institutional moves before retail traders react.
Detects reversals ahead of conventional indicators.
Enables precise entry timing with smart money.
Enhances risk management with clear strength signals.
Simplifies complex price action into actionable insights.

Profit Target Framework

Bullish Patterns: Target higher timeframe high.
Bearish Patterns: Target higher timeframe low.
Plus Strength: Expects direct move to target.
Minus Strength: Anticipates measured advance with potential pullbacks and/or violations.

Visual Implementation

Lines and Labels: High/low bias lines and profit target markers adapt to timeframe.
Table Display: Configurable position (top/middle/bottom, left/center/right) with key metrics.
Bar Coloring: Optional coloring based on bias or plus/minus strength.

Trader’s Mantra
"Analyze | Wait | Repeat" - Discipline turns market reading into consistent profits.
Elevate your trading with MMM CANDLE BIAS 2.0, where professional-grade analysis meets intuitive design.
Note: Based on the proprietary Max Maserati Method for educational and analytical use.

kelmarin

Nota Keluaran

I made a huge update of the indicator, this version was reserved for the MMM 2.0 decided to share it with everyone.

- Profits Target Labeling fixes
- Table update with better candle volume and candle wick analysis
- Strength consensus (Weak, strong etc..)