5 Candle Indicator will paint a green column t indicate a long trade is being setup 5 Candle Indicator will show Buy Entry Signal Red line below price is an adjusting SL 5 Candle Indicator will show an Exit Signal Or Exit when green line falls below red line
Note
Price failed to continue to rise Price fell below red line 5 Candle Indicator closed out trade with small loss before trailing stop was hit
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.