I made green on currency, red on every others. I hate ES so deeply that I can't imagine who can make money from this tickers. Anyway London Session today had a very quiet day with 60+ pips range. So if you're a scalper, take a look at the chart. After every green bar (marked it) had a tendency to move. It means if one candlestick made a 512 ticks in less than 90 seconds, it green. What's the meaning? It means 512 ticks in short period of time shown big money there. Excpet the news, green bar on quiet market surely made attention. At least 15-45 pips movement was valid today. Strange indicator? It's one of the most logic indicator on the chart. Let's see, big money comin. The leave trail as a green bar. Sudden move on chart means something. Either up or down, it wants to move. Nobody put big money expect to wait 1 hour more until the price move. We all want movement immediately. So that's how the Green Bar worked.
This things great for scalper profit. Just wait the green bar, enter either short or long on every breakout, placing SL, good to go. After exit, wait another green bar. SImple and clean. But I am a directional/swing trader. So this method won't do much good for me.
You can backtested and the result may surprise you. 10-15 pips was easy. Just wait, enter, end of day. Have a great life out there :)
Worked with any other like Crude Oil...or ZS (chart below) I just using today's chart. Previous day will do the same. If u thought u can missed since green bar may move very fast u can entry after yellow bar (90 seconds).
Or GBP...
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