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已更新 Single Candle Entry with Multi-Timeframe [Wang Indicators]

Single candle entry
Overview : The "Single Candle Entry Model" indicator is designed to help traders through a simple yet effective trading strategy. This indicator automatically detects candles that encompass both the high and low of the previous candle, creating key price zones for potential market entries.
- This indicator was developed with the help of DaveTeaches -
How does it works ?
- Detects when a candle trade above the high and below the low of the previous candle
- When it occur, the indicator write "SCE" on the candle
- The text will be in different color if its bearish or bullish (customizable by user)
Higher Timeframes
- Users can enable up to 3 HTF SCE detection to enhance multi timeframe analysis.
- Users can select which timeframe he want to use
- Boxes will be displayed around High time frame SCE to highlight the HTF candle.
- As regular SCE, the indicator will write "SCE" above or under the box
How does it helps users ?
- Once the SCE is created, it can be used as a zone.
- Levels (30, 50 and 70%) are displayed
- Users can customize their apparence as they see fit
- The 30 - 50 - 70 levels are support/resistance that the price tend to bounce of off
- You might find some success looking for an entry inside the zone at a level if price gives further confirmations such as a lower time frame flip or using other indicators
- Alert can be setup on any timeframe
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