This indicator shows in a different way how to evaluate the BIAS Daily. Evaluate yesterday's closed candle [1] and that of the day before yesterday [2]
The conditions are: LONG BIAS = Candle [1] closed above High Candle [2] - In this condition a long continuation can be considered
SHORT BIAS = The candle [1] closed below the low candle [2] - In this condition a short continuation can be considered
IN THE RANGE = The candle [1] did not close below or above the Low and High candle [2] - In this condition it is better not to risk it
The user has the possibility to: - Choose to show high or low BIAS levels - Shows the Table in which the BIAS D is marked
The indicator should be used as TTrades shows in its videos, it can also be implemented in ICT strategies.
The indicator takes into consideration the last 2 candles already closed, so on the candle that is forming you can expect reactions in the Pd Array of the Candle Range [1], below I show examples of how to use it in Multitimeframe