Third Candle Marker

Titel: Third Candle Marker – Highlights Trend Continuation

Beschreibung:
This script highlights potential trend continuation setups by marking the third candle after two consecutive candles of the same direction.

If the previous two candles were bullish (green), the third candle is colored green.

If the previous two candles were bearish (red), the third candle is colored red.

A white color indicates that no clear trend was detected in the previous two candles.

Additionally, the script plots small triangle markers:

Green upward triangle below the bar if the last two candles were bullish.

Red downward triangle above the bar if the last two candles were bearish.

Use this tool to visually identify potential continuation signals in trending markets. Suitable for all timeframes.

Note: This script does not generate buy/sell signals; it is meant to assist in visual trend recognition.