MF Three Inside Up and Inside Down with Alerts

vor 3 Tagen

The 3 Inside Up and Down Indicator tends to be very useful to indicate a probable change of trend, specially after a pronounced or extended trend.

If the signal is not in counter of the trend (for example a three inside down appears on a downtrend), the signal can be ignored, is useful for counter trends or for identifying peaks and bottoms.

The most important addition to this indicator is the ALERTS!!

(So that you can get notification when they happen, choosing both 3IUp&Down or only one of them)

So just go to the Alerts Bottom on your Tradingview, select this indicator and then you are able to choose alerts for 3IUp and 3IDown or both

The indicator works by making sure that the third candle is lower (3Idown) or higher (3Iup) than the first candle while the second candle is contained on the body of the first candle

For flexibility, colors and labels can also be switched/changed on/off freely

The indicator was inspired by coachkcrypto who uses it constantly

Enjoy!

Att. Migue