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CandleQuarters

We have all studied price action of candles to try to predict what might be coming up. I have been studying and trading off of candle centers for quite some time and finally made a simple indicator to mark the 25%, 50%, 75% and Pivot of the candle to show me where pullbacks might go to. Bull Candles that close below 50% can indicate that the Bull move is ending. The reversing candles like to retrace to 50% on the new move, so you know where to jump in when the new move has started. Study it and see what you think. I use it and find it valuable on various time settings. The ZOrder is a function that is documented in the Ninja help files. ZOrder is the stacking of the drawing objects on the chart. It is not well controlled by Ninja but I found that 30006 seems to work pretty well.

Trade Well

Category The Elite Circle

Details: CandleQuarters
Category: The Elite Circle

June 30th, 2013
Size: 7.39 KB

Comments/ratings

Gabriyele July 1st, 2013 05:09 AM

if BMT traders only knew what this little indicator can bring!!
phenomenal stuff sir!!!!

Thank you kindly!

lolu July 1st, 2013 11:34 PM

Just Sweet !!!

cv2low July 20th, 2013 02:07 PM

No Comment

Herbert July 29th, 2013 05:11 AM

Thank you!!

cazimi September 3rd, 2013 10:54 AM

Thank you for sharing your work!

tedposobiec December 6th, 2013 07:26 AM

Looks Like a good indicator. I like the idea.
How do I import it?

dilbert618 June 5th, 2016 05:38 AM

Thank you very much

Portland August 23rd, 2016 07:56 AM

No Comment

romus June 13th, 2019 09:11 PM

Great idea!