Take a look at our new "Candle Meter" 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.
But 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 83% bearish. So we know the bears are domninating. And the next
candle will likely be bearish.
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
And the 2 Moving Averages helps you identify trends right from the
beginning. And 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. Let me show you exactly how...
So, how do I trade with the Candle Meter indicator?
My favorite part about the Candle Meter indicator is that it's
NON-LAGGING. Meaning it tells me when a new trend has begun well
before the regular indicator does.
Take a look at the chart below to see what I mean:
In this example, the 2 Moving Averages of the Candle Meter indicator crossed and gave you a hint that a new uptrend 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 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.
Now let me show you how the Candle Meter indicator could help you trade pullbacks successfully
Take a look at the chart below:
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 big bearish candle. The strength value of this candle is 80% bearish. And this number tells us that 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 indicator
But Hang On... We're Not Done...
Further down this page, you'll notice there are TWO purchase options you can
choose. You can get Candle Meter indicator alone for an insanely generous
price I'm giving the first 200.
Or... you can invest a little more and get the
Indicator Vault Premium package.
So What's Inside The
First off, you get the Candle Meter indicator.
And on top of that, you'll also get access to the ENTIRE collection of 49+
top-rated custom indicators. Including Divergence Solution, Logic Day Trading, Trend Focus, Laser Reversal,
Scientific Scalper, Drag & Drop Volume Profile, and more.
To see the
full list of all indicators included in the Indicator Vault Premium package,