March 16 2026

A nice example of pure price-action logic from contributor BeatlemaniaSA. The non-repainting PBF indicator focuses directly on price structure rather than derived calculations: Lower high + breakdown = Sell & Higher low + breakout = Buy. Using a simple 2-bar compression pattern as the main trigger, it applies a multi-timeframe candle bias filter for confirmation & calculates trend strength by tallying bullish vs. bearish candles on the higher timeframe: post1295580957.html#p1295580957