1= Inside Candle
2= One side, high or low of the previous candle is taken out
3= Engulfing Candle/Outside Candle. i.e. both sides of the previous candle are taken out
Enter any 2 moving averages.
Shows Strat setups(reversals/continuations) or when candles are above MA 1 and crosses MA 2
Choose between SMA, EMA or VWMA
Strat Setups: 22, 212, 312, etc.
RL = Reversal Long
CL = Continuation Long
RS = Reversal Short
CL = Continuation Short
L = Candle is above MA1 and has crossed above MA2
S = Candle is below MA1 and has crossed below MA2
Reversals Long(RL):
22 = last candle 2 down. current candle 2 up
212 = 3rd candle 2 down, last candle inside and current candle 2 up
312 = 3rd candle outside candle, last candle inside and current 2 up
Continuations Long(CL):
22 = last candle 2 up, current candle 2 up
212 = 3rd candle 2 up, last candle inside and current candle 2 up
312 = 3rd candle outside candle, last candle inside and current 2 up
Reversals Short(RS):
22 = last candle 2 up. current candle 2 down
212 = 3rd candle 2 up, last candle inside and current candle 2 down
312 = 3rd candle outside candle, last candle inside and current 2 down
Continuations ShortCS):
22 = last candle 2 down, current candle 2 down
212 = 3rd candle 2 down, last candle inside and current candle 2 down
312 = 3rd candle outside candle, last candle inside and current 2 down
You can choose to have the strat setups shown or just when the candles are above MA1 and cross MA2
When MA2 is above MA1, the fill is green and red when MA2 is below MA1