Indicator finds buy/sell signals of trend continuation trades
Red column means short trade is setting up
Red line is sell stop level
Profit here is 2 to 1 RR
Price first tried to fall to 100 sma but failed and returned back to the 50 sma
Price held around the 50 sma
Price finally closed below 50 sma making 2nd attempt to the 100 sma
1st entry at open of next candle
2nd entry as a sell order at the 100 sma
Take Profit was 2 to 1 from 1st entry
Take Profit just hit