Indicator “Candle Temperature” – Precise Levels For Scalping

Greetings, ladies and gentlemen, Forex traders!

As you know, the market is subject to the same physical laws as the rest of the world around us. “Cooling down”, the price ceases to form natural barriers, after which the quotation does not feel strong resistance when moving to either side. “Warming up”, the price forms a solid resistance, overcoming which is much more difficult.

Some time ago, there was an idea to create a special indicator on the basis of these preconditions that would display cold and hot price flows in real time. Especially for forextraderportal.com readers, we present the working concept of the indicator for displaying the “temperature” of a candle.

Read more: https://forextraderportal.com/indicator-candle-temperature-precise-levels-for-scalping/