Candle Drop Alert 1% ( Bear & Futures Market )
Volume Tracking Strategies
Signal Explanation
The "Candle Drop Alert 1% (Bear & Futures Market)" is designed to notify traders when the price of a new candle decreases by 1% compared to the previous one. This signal is particularly useful for identifying potential bearish trends or market corrections. It can be applied across multiple intervals, including 3, 15, 30 minutes, and 1 hour, offering flexibility for short-term traders.
Key Use Cases:
- Identifying Downtrends: Detects the start of a downward price movement.
- Short Trading Opportunities: Assists in entering short positions during bearish market conditions.
Note: This signal should not be used in isolation. Combine it with other indicators and analysis for better results. This is not financial advice; always perform your due diligence before trading.
