Understanding Candle Fill Ratio: A Key Trading Indicator
Explore the Candle Fill Ratio Indicator
If you're diving into the world of trading, you'll want to pay close attention to the candle fill ratio. This simple yet effective indicator gives you a snapshot of market sentiment by showing how much of a candle's body is filled. Understanding this can help you make more informed trading decisions.
Here's a quick breakdown of how it works:
- What It Is: The candle fill ratio measures the proportion of the candle that is filled versus the total candle length. A higher fill indicates stronger market momentum.
- Why It Matters: It provides insights into buying and selling pressure, helping traders identify potential reversals or continuations.
- How to Use It: Look for patterns in the fill ratio alongside other indicators to confirm your trading strategy.
For a deeper dive into this indicator and how to implement it in your trading strategy, check out the link above!
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