Confirmation Candles
Confirmation candles are used to delay your entry to ensure there is continuation in the same direction. This can help bring greater confidence into a trade. However, you do risk getting a worse or no fill.
Confirmation Candles are currently only available for the following Auto Entries (Updates coming):
⤷ Reversal
⤷ Engulf
⤷ MA / ST Cross
See Below Reversal Auto Entry example:
Confirmation Candles(0):
⤷ Once the Reversal bar closes. The Predator will enter a trade on bar #1.
Confirmation Candle(1):
⤷ Once the Reversal bar closes. It needs 1 confirmation candle in the same direction. It will then enter on bar #2.
Confirmation Candle(2):
⤷ Once the Reversal bar closes. It will need 2 candles in the same direction. The Predator will enter on bar #3.
