Candlestick hints

Show reversal zones, manipulations, divergences and pressure from big players👇

Pressure of big players

Shows who has more influence on the price within a specific candle and helps understand the current balance of power between buyers and sellers:

• The color of the circle shows who is dominating at the moment: green circle🟢 - buyers' pressure, red circle🔴 - sellers' pressure

• Circle size shows the strength of the pressure: small circle - weak pressure, large circle - strong pressure

• Use for additional confirmation when opening trades - when the dominant side changes, a trend reversal is possible

• As long as there is pressure in the direction of the trade - it's early to take profit; when pressure from the opposite side appears, you should either take profit or reduce risks.

Pump signal

Analyzes volumes and volatility and helps detect zones where large players are accumulating their market positions, which may indicate a possible impulsive rise:

• Shows the moment of possible growth

• Helps to take profit on a trade in time and avoid false breakouts

• Shows how large market participants act, helping to trade more consciously

Dump signal

Analyzes volumes and volatility, helps detect zones where large market participants intentionally create false moves to confuse small traders and shake out "weak hands":

• Is a strong sell signal - opening long positions is definitely not worth it, better to wait it out manipulations, until the market calms down

• May indicate an upcoming price dump - you can open short trades if there are additional confirmations

• Helps avoid trading in conditions of false breakouts or sharp "price washouts"

Divergences

This is one of the strongest technical analysis signals - it indicates the fading of a trend and a possible reversal in advance by analyzing divergences between price and the readings of 11 oscillators:

• The number in the circle shows how many divergences the indicator found - the more divergences, the stronger the signal of trend fading

• Circle color shows the sentiment: green color - bullish divergences, red color - bearish divergences

• If the circle is filled - divergences are confirmed by money flow - the "king of divergences" - this is a strong signal

• Helps to see in advance when a trend loses strength and predict a reversal

• Helps to take profit in time and open a trade in the right direction

• Works best in a sideways market and along the trend (it is noisy against the trend)

You can set up an automatic alert on the appearance of more than 3 divergences and receive a notification in TradingView or Telegram, fully automating your analysis!

Analyzes price divergences with popular indicators such as:

• RSI (Relative Strength Index)

• MACD (Moving Average Convergence Divergence)

• Stochastic Oscillator

• Awesome Oscillator

• CCI (Commodity Channel Index)

• MOM (Momentum)

• OBV (On-Balance Volume

• ADX (Average Directional Index)

• MFI (Money Flow Index)

• ROC (Rate of Change)

• Williams %R

First of all, try the simplest trading strategy based on divergences from the indicator developer