These Candlesticks Measure Momentum of the Trend Using My Custom Momentum Formula
You can use this indicator to spot reversals, and when the current trend is still going.
Green Candles Above 0 = Current Momentum Moving Up
Red Candles Above 0 = Uptrend Resistance / Weak Uptrend
Red Candles Below 0 = Current Momentum Moving Down
Green Candles Below 0 = Downtrend Resistance / Weak Downtrend
Inputs:
You can customize the length of candlesticks back it looks. I suggest keeping this value around 8 - 10 for best results.
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