I'm trying to figure out how to determine when a candle has closed. Is there a specific method or indicator that can help me accurately identify this? I need this information for my trading strategies.
5 answers
Valentino
Mon Dec 23 2024
The concept of this indicator revolves around recognizing potential trends solely through the closing prices of candles.
KimonoGlory
Mon Dec 23 2024
When a candle closes above the high of the previous candle, it signals a "bullish" trend.
ZenBalance
Mon Dec 23 2024
This bullish trend continues until a candle closes below the low of the preceding candle.
Elena
Sun Dec 22 2024
Conversely, if a candle closes below the low of the previous candle, it indicates a "bearish" trend.
Giulia
Sun Dec 22 2024
This bearish trend persists until a candle closes above the high of the previous candle.