Candle Range Theory
Mark Candle Range Theory - CRT bars on the chart.
Options for Candle Range Theory (CRT) Configuration:
CRT Type Selection: Opt between a 2-bar CRT or a CRT that encompasses inside bars.
Timeframe Integration: Display the higher timeframe CRT on the lower timeframe chart.
CRT Overlay: Show the current timeframe CRT alongside the higher timeframe CRT on the chart.
CRT Formation Alert: Receive notifications when a new CRT has been formed.
Label Visibility: Toggle to show or hide labels on the chart.
Option Selection: Use a button menu to select the desired options.
Feature Interaction: Position your mouse cursor over objects or buttons to view their descriptions.
Bullish Trading Strategy example:
- Configure
Candle Range Theory (CRT) for the Preferred Higher Timeframe
- Identify
Entry Points: Look for entry opportunities near the CRT Low on your chosen
lower timeframe, utilizing Fair Value Gaps (FVG), Order Blocks (OB), or
your preferred entry model.
- Targets
- First
Target: Aim for the midline of the CRT.
- Second
Target: Set sights on reaching the CRT High.
Bearish Trading Strategy example:
- Configure
Candle Range Theory (CRT) for the Preferred Higher Timeframe
- Identify
Entry Points: Seek entry opportunities near the CRT High on your selected
lower timeframe, using Fair Value Gaps (FVG), Order Blocks (OB), or your
established entry model.
- Targets
- First
Target: Target the midline of the CRT.
- Second
Target: Aim for the CRT Low.
More info Links:
- Link1
- Link2
- Link3
- Link4
- Link5
Scanner
- the number next to the timeframe and under each pattern the bar number for that timeframe where the last CRT occured.
- in the example there was a @ bar CRT on the 15 minite time as bar 10
for more information on using Candle Range Theory - CRT look on X for
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