Feel free to experiment with the settings and parameters to fit your personal preferences. The default indicator settings can be modified directly from the input tab. The Candle Direction Indicator fits all kinds of timeframes and currency pairs. You will find information on the current trend momentum for the current candle for each time frame. This forex indicator is displayed in the top left corner of the main chart. It is very useful for traders utilizing multiple time frame (MTF) analysis. The Candle Direction Indicator is a convenient forex tool that shows if the current candles of other time frames are bullish and bearish.
Introduction to the Candle Direction Indicator
