Conviction sticksV1 - CONVICTION STICKS V2

Our Innovative Style Conviction Candlestick is a unique feature that is not currently available on any trading platform. Unlike traditional candlesticks that calculate OHLC (Open, High, Low, Close) or use Heiken Ashi or MA-based color bars, our Conviction Candlesticks provide a different approach.

The Conviction Candlesticks display four distinct colors: Red, White, Green, and Yellow. Each color represents a specific market condition or momentum shift:

1. Red: This color signifies Conviction Down, indicating a strong bearish sentiment or downward pressure in the market.
2. White: When the market experiences a shift in downward momentum, the Conviction Candlestick will display a White color. This indicates a potential reversal or change in the prevailing trend.
3. Green: Conviction Up is represented by the Green color, indicating a strong bullish sentiment or upward pressure in the market.
4. Yellow: Similar to the White color, Yellow represents a shift in upward momentum. It suggests a potential reversal or change in the prevailing trend, but in the upward direction.

The Conviction Candlesticks utilize our proprietary formula to determine when there is real conviction in the market or when momentum is shifting in the opposite direction. These unique candlesticks provide valuable insights into market sentiment and can assist traders in making more informed trading decisions.