OPEN-SOURCE SCRIPT

Three-Bar Triangle

10 042
Linda Raschke has discussed this in public webinars that can be found on her youtube channel. She mentioned picking it up from Richard Dennis of the Turtle method.

It's a potential consolidation indicator to identify turning points and continuations. Best used on the daily chart with the confluence of a short term momentum indicator. After a signal, break of low or high of previous day might indicate trend direction for the day.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.