Based on the source
https://www.prorealcode.com/prorealtime ... indicator/
Base on chapter 14 of John Carter’s “Mastering The Trade” (2nd edition), which describes a setup to open position after trend has changed and a three candle pattern has been formed.
For example, to go short following new trend when old trend was bullish, Carter says that you have to check for three consecutive lower closes, that means that reversal has been confirmed and trader has to go short at market.
At the same way, reversed rules are valid for bullish signal: after a reversal from a bearish to bullish, you have to check for three consecutive higher closes.
John Carter’s Scalping Indicator.lua- (7.11 KiB) Downloaded 105 times
