Meaning of different icons from the indicator

Directly used for entertainment purposes in figuring out the market trend:

  • Sell/bearish sign: I open a short position on the candle's close. I am bearish on the instrument.

  • Buy/bullish sign: I open a long position on the candle's close. I am bullish on the instrument.

  • Red circle: If I run a long position, I take at least 50% unrealized profit into a realized profit on the close candle. I might even convert some portion of the underlying spot into stable coins. I am essentially taking profit along the way as the trend is developing.

  • Green circle: If I am running a bearish short position, I take at least 50% unrealized profit into a realized profit on the candle's close. I am essentially taking profit along the way as the trend is developing.

Below are used for indications only:

  • Down Arrows: It is not directly used in opening/closing positions. When the down arrow finishes and the candle close, it sometimes indicates a local top. It does not mean the macro trend has changed.

  • Up Arrows: It is not directly used in opening/closing positions. When the up arrow finishes and the candle close, it sometimes indicates a local bottom. It does not mean the macro trend has changed.

  • Red Crosses: It indicates a squeeze may be incoming. When the red crosses finish, the price may move significantly in any one direction. It does not say which direction. It only gives me caution.

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