– This indicator helps identify sets of bars for designing trading strategies.
– It can help identify breakouts for trading a second leg in that direction.
– It can help identify spikes, for spike and channels trend entries.
– And the opposite – it can help find spike failures and measured move targets.
– For existing channels, it helps finding a 3-bar pullbacks to determine when it might start to go sideways.
https://www.tradingview.com/script/9YdxpJ7C-Zen-3CSC-bars-V1
ThinkOrSwim version of this indicator: http://tos.mx/!ZnBdoYKB
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updated to fix show/hide microgap switch: http://tos.mx/!Rx19TOz1
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[…] Indicator: 3 Consecutive Bars […]
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Hi,
Welcome to Zen Trading Tech.
I’m a Aussie day trader and I post trading tips, practice drills, and indicators that helped my trading get to a professional level.
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