명시
Refer the screenshot before go through the conditions.
Definition of Base candle :-
Base candles are Narrow Range Candles ( NRC ), when compared to the other candles on the chart they are visibly much SMALLER in size.
Ideally a BASE candle should be an NRC and have a body which is equal to or less than half of the range.
Base → Body ≤ 50% of Range
[Body=Open-Close] [Range=High-Low]
Definition of Expanded candle :-
Leg candles are Expanded Range Candles ( ERC ), when compared to the other candles on the chart they are visibly much BIGGER in size.
Ideally a strong LEG candle should be an ERC and have a body which is equal to or greater than 75% of the range.
Leg → Body ≥ 75% of Range
[Body=Open-Close] [Range=High-Low]
Leg out candle size should be more than 1%[Input] of the script.
Steps to Draw Buying Zones :-
Go from Right to left ….
• Start with current price on the chart
• Without cutting through candles look down and left until you find a strong ( Explosive) Rally in price.
• Identify whether the formation is a DBR or RBR
• While marking the zone critical things to watch out for
• Zone should be fresh
• Move out from the base should be strong
• Less than Six candles in the base
Steps to Draw Selling Zones :-
Go from Right to left ….
• Start with current price on the chart
• Without cutting through candles look Up and left until you find a strong ( Explosive) Drop in price.
• Identify whether the formation is a RBD or DBD
• While marking the zone critical things to watch out for
• Zone should be fresh
• Move out from the base should be strong
• Less than Six candles in the base
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