Fake green bar retracement

This indicator identifies potential bearish reversal setups by combining momentum triggers, weak buyer volume confirmation, and delta-based retracement logic.

A sell signal is generated when:

Momentum shows signs of exhaustion.

A red candle forms after the momentum trigger.

Buyer strength appears weak based on volume analysis.

Cumulative delta confirms retracement pressure.

All earlier green candles in the session show subdued volume participation, suggesting a fake breakout or trap.

The setup is useful for spotting false bullish pushes where buying volume fails to support the price move, followed by a retracement candle that confirms selling pressure.

A signal appears as a downward triangle above the triggering candle. Alerts are built in for easy automation.

✅ Best Suited For:
Intraday traders

Momentum reversal strategies

Volume-based confirmation setups