Diamonds Finder

24. Jan. 2019

According to this theory youtube.com/watch?v=Ie66A7ns... the definition of "diamond" is:
- central hollow candle sorrounded by 2 filled candles. Example "redcandle - redcandle - greencandle - redcandle - redcandle".
- and vice versa if central candle is filled one.
The diamond S/R zone is based on open and close values of central candle.

The arrows show where the diamond is placed, not the anticipated direction of move. The purpose of diamonds is to determine so called 'diamond S/R' zones that can be used for further analysis.

29. Jan. 2019

Versionshinweise

- Introducing upper and lower arrows to show whether diamond is surrounded by hollow or filled candles (in most cases it indicates further move of the price)
- Optional (turn on/off) finding diamonds made of two center candles of same type (2 hollow or 2 filled) - it is ON by default