Impulse Correction TF (IC-TF)
Video Demonstration
Description
Impulse-Correction indicator helps traders identify impulses and corrections (valid pullbacks) on price charts. Impulse moves are strong, directional price movements that cover a significant distance in a short period. They indicate a powerful imbalance between buyers and sellers, often driven by institutional players. Correction or pullbacks are temporary retracements within larger trends. They occur when price temporarily moves against the prevailing trend. Impulse moves provide profit potential, while pullbacks allow traders to capitalize on favorable entry points.
How It Works
Impulse moves are strong, directional price movements that indicate a powerful imbalance between buyers and sellers.
Chart Settings
Chart View
Last modified: 27 November 2024