Wonder which direction the market will go?
Take a look at our new “Candle Meter for Tradingview” indicator below. The first thing you’ll notice is the box on the top right corner: It shows you the strength of the current candle, in real time.
And just below that is the time left until the current candle closes.
Let’s take a look closer at how this indicator works:
So… how do you interpret this “Candle Strength” value?
It’s very simple. The more bullish (or bearish) the current candle is, the more likely it is that the next candle will also be bullish (or bearish).
For example, in the photo above, the current candle is 86% bullish. So we know the bulls are dominating. And the next candle will likely be bullish.
Below the main chart, the Candle Meter indicator also draws a historgram and 2 moving averages:
The histogram helps you visual the change of the candle strength over time.
And the 2 Moving Averages helps you identify trends right from the beginning.
This special kind of moving averages based on candle strength reacts to market changes VERY FAST.
This is extremely important if you want to get in a new trend EARLY and ride it.
My favorite part about the Candle Meter for Tradingview indicator is that it has LESS LAG. Meaning it tells me when a new trend has begun well before regular trend indicators do.
Take a look at the chart below to see what I mean:
In this example, the 2 Moving Averages of the Candle Meter for Tradingview indicator crossed and gave you a hint that a new downtrend has begun.
This signal came very early… much earlier than what the regular, old-school indicators would have given you.
Now let’s switch to an intraday time-frame to see how well the Candle Meter for Tradingview indicator works for day trading:
A Moving Average cross gave a signal that a big market move was about to happen. And if you followed this signal, you would have gotten a nice, easy winning trade.
In this example, the market is currently in a downtrend. Then the price starts to move up in a retracement (the area in the yellow rectangle).
During this pullback, you see a series of bullish candles.
But look at the Candle Meter historgram, notice how the strength of these bullish candles decreases over time. It tells us that the bulls are gradually losing their power.
Then finally, we got a bearish Moving Average cross. It tells us this pullback has ended and the price will soon resume its original direction.
And if you decided to take this trade and entered at the close of this candle, you would have gotten an easy winner.
That’s how easy it is to trade pullbacks with the Candle Meter for Tradingview indicator
Further down this page, you’ll notice there are 3 purchase options you can choose.
Option 1: You can get Candle Meter for Tradingview indicator alone for an insanely generous price I’m giving the first 200.
Option 2: Or… you can invest a little more and get the Candle Meter Wonder-Trio.
So… what’s exactly is this Trio bundle?
Option 3: You can join our exclusive TV Champ membership and grab ALL our custom indicators for Tradingview. PLUS all Tradingview indicators that we’ll release in the future.
First of all, you get the Candle Meter for Tradingview indicator.
And on top of that, you’ll also get access to the ENTIRE collection of our top-rated custom indicators for Tradingview. Including Logic Day Trading, Divergence Solution, Pullback Factor, and many more.
Plus, you’ll also get all Tradingview indicators that we’ll release in the future.
To see the full list of all indicators included in the TV Champ membership, click here…
Yes, there is. You may check out Candle Meter for MT4 here…
You’ll get instant access to all of our custom indicators for Tradingview listed here. Plus all future Tradingview indicators we’ll release in the coming months. It’s the best value you can get.
These indicators work on Tradingview (both computers and mobile devices)