$AMZN
2 steps for Bullish Scenario with T1S Indicator:
1. Candles Above the Green Line:
• Check that the candles on the chart are positioned above the green line of the T1S indicator. This could be an indication of bullish momentum.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero. This condition might suggest positive market sentiment or upward price movement.
2 steps for Bearish Scenario with T1S Indicator:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator. This condition may indicate bearish momentum or a potential downward trend.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero. This setup suggests a negative market sentiment or downward price movement.
Incorporating green-red line dynamics enhances criteria for authentic signals
For Bullish Scenario:
1. Candles Above the Green Line:
• Confirm that the candles on the chart are positioned above the green line of the T1S indicator.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero, indicating positive market sentiment.
3. Green Line Above Red Line:
• Verify that the green line of the T1S indicator is positioned above the red line. This relationship helps maintain the bullish scenario.
For Bearish Scenario:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero, indicating a negative market sentiment.
3. Green Line Below Red Line:
• Ensure that the green line of the T1S indicator is positioned below the red line. This relationship helps maintain the bearish scenario.
These additional conditions regarding the relationship between the green and red lines act as a filter, providing more guidance to traders and investors and helping them avoid potential false signals or fake breakouts/breakdowns. It introduces a layer of confirmation to the overall analysis. As always, it's important to use such indicators as part of a comprehensive trading strategy and to consider risk management principles.
1. Candles Above the Green Line:
• Check that the candles on the chart are positioned above the green line of the T1S indicator. This could be an indication of bullish momentum.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero. This condition might suggest positive market sentiment or upward price movement.
2 steps for Bearish Scenario with T1S Indicator:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator. This condition may indicate bearish momentum or a potential downward trend.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero. This setup suggests a negative market sentiment or downward price movement.
Incorporating green-red line dynamics enhances criteria for authentic signals
For Bullish Scenario:
1. Candles Above the Green Line:
• Confirm that the candles on the chart are positioned above the green line of the T1S indicator.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero, indicating positive market sentiment.
3. Green Line Above Red Line:
• Verify that the green line of the T1S indicator is positioned above the red line. This relationship helps maintain the bullish scenario.
For Bearish Scenario:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero, indicating a negative market sentiment.
3. Green Line Below Red Line:
• Ensure that the green line of the T1S indicator is positioned below the red line. This relationship helps maintain the bearish scenario.
These additional conditions regarding the relationship between the green and red lines act as a filter, providing more guidance to traders and investors and helping them avoid potential false signals or fake breakouts/breakdowns. It introduces a layer of confirmation to the overall analysis. As always, it's important to use such indicators as part of a comprehensive trading strategy and to consider risk management principles.
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