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gshedge63

The Ganesh Trend

gshedge63 Updated   
Candlestick analysis candlestickpattern Bullish Patterns Bearish Patterns trendfollowing
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candlestickanalysis candlestickpattern bullish bearish trendfollowing
The Ganesh Trend is an indicator developed by Ganesh to help Traders to identify potential trend showing candle .This indicator identifies bullish and bearish candle with some specific rules. This gives fair idea of direction of market .It is very helpful if you use it on Nifty 50 index . Candlestick developed by me is my original work . It is very helpful for new traders looking for proper entry and exit . It has stop loss and target as well . red dot shows the stop loss and green dot shows the target . taking 2-3 trades a day is good . Thank You . NSE:NIFTY
Release Notes:
Targets have changes and some measuring values have been changes.
Release Notes:
In this version i have changed the sl for non target candles and reduced the size of arrow shape
Release Notes:
In this version i have excluded big size candle which appears at the start of the day and in volatility.
Release Notes:
In this version i have changed the parameters of candle size
Release Notes:
In this version i have changed the size of candle slightly.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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