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Threestrike

Tristan's Three Line Strike PatternThree Line Strike Indicator (5-Minute Timeframe) This indicator highlights Three Line Strike candlestick patterns on a 5-minute chart . The Three Line Strike is a rare four-candle formation that often signals trend continuation rather than reversal. Bullish Three Line Strike (green “3LS long” above the candle): Three strong bullish candles in a row are followed by a large bearish candle that completely engulfs the prior three. Despite looking bearish, this setup often indicates strength in the uptrend. Bearish Three Line Strike (red “3LS sell” below the candle): Three consecutive bearish candles are followed by a large bullish engulfing candle. Although it looks like a reversal, the downtrend commonly resumes. How to use on the 5-min chart: Watch for the labels marking the pattern. A bullish signal suggests that the upward move is likely to continue after the engulfing candle. A bearish signal suggests that the downtrend is likely to continue after the engulfing candle. These signals are not entry/exit triggers on their own—I suggest you combine them with trend confirmation (e.g., moving averages, momentum indicators, or volume analysis) before acting. Use good risk management, and don't buy / sell based on these indicators alone.
Penunjuk Pine Script®
oleh OhRayOhRay

Pilih data pasaran disediakan oleh ICE Data Services. Pilih data rujukan disediakan oleh FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database disediakan oleh FactSet Research Systems Inc. Semua hak cipta terpelihara. Pengisian SEC dan dokumen lain disediakan oleh Quartr.© 2025 TradingView, Inc.

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