Candle Flip System - CFS

Candle Flip System - CFS

The Candle Flip System checklist table is a tool designed for traders seeking a structured approach to decision-making. This indicator provides a visual checklist to validate critical conditions before entering a trade. It includes:

1. Previous D1 Candle Analysis:
Displays whether the previous daily candle closed bullish or bearish, indicated by intuitive markers.

2. 4-Hour Alignment Check:
Confirms if the bias of the previous 4-hour candle aligns with the previous daily candle's bias.
Outputs "YES" in green for alignment or "NO" in red for misalignment.


This indicator simplifies multi-timeframe analysis and ensures a systematic evaluation of key trading conditions, enabling traders to make more confident and disciplined decisions.


How to Use:

1. Apply the indicator to your chart.
2. Observe the table displayed in the top-right corner.
3. Use the information to validate your trading strategy before entering a trade.