The indicator points shooting stars in bullish trend through a magenta arrow over the candle.
Can be used on all time frames, from the smallest to the largest.
The criteria, characteristics, of the shooting star are adjustables in a very simple way and without having to modify any line of the code. Just click on “Configure” 🔧 to change many settings.
The display depends on the adjustable parameters allowing to change the shooting star’s validation criterias. Such as the minimum length of the upper wick.
Adjustable validation criteria :
- Maximum lower wick length,
- Minimum upper wick length,
- Bullish trend before shooting star,
- Maximum penetration in previous candle.
Available filters :
- Previous candle green,
- Risk / reward ratio greater than 1,
- Confirmation candle.
Characteristics :
- Works on all TimeFrames
- ProRealTime V11 and later versions compatible,
- Free ProRealTime (daily closings) compatible,
- Automatic and free updates.
Watch the video user’s guide on our Youtube channel, subtitles available in English :
The values shown above are given, as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.
🇫🇷 Etoile Filante / 🇮🇹 Stella Cadente / 🇩🇪 Sternschnuppe / 🇪🇸 Estrella Fugaz
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