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PtGambler
Jul 22, 2022 6:51 PM

Candle Strength Indicator 

SPDR S&P 500 ETF TRUSTArca

描述

The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles.

The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels.

A cross on the zero line would generally indicate a change in trend / sentiment.

This indicator may be useful as a filter for entries and use in confluence with other indicators.

版本注释

Updated with divergence indicators
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