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How to read the Phoenix Finder

What the colors and symbols mean on the Phoenix Finder.

Written by Sara Jones

 

Phoenix Finder


The Phoenix Finder was created by Danielle Shay and has a companion study called the Trend Strength Candles.
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Symbology

 

If a ticker is continuing to strengthen (or weaken), the typical order you can expect to see is dashes, triangle, brighter green (or red) dash, then square.   

DASHES: Represent the current candle trend strength. Dashes are on a candle by candle bases what you would be seeing on individual trend strength candles.   

SQUARES: When the trend is aligned along with price, the square appears. This indicates the strongest trend.   

TRIANGLES: Appears anytime the 8 and 21 exponential EMAs cross. Does not indicate a direction, only across.
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THINK OR SWIM:

  • DASHES: Represent on a candle by candle bases what you would be seeing on the Trend Strength Candle companion indicator candles. Represent whatever the current candle trend is on the chart. 

  • SQUARES: Overall trend in that time frame and price are in alignment. 

  • TRIANGLES: Appears anytime the 8 and 21 exponential EMAs cross. The direction is not shown.

 
Phoenix Finder shown with Trend Strength Candles companion study. 

TRADESTATION:

  • DASHES: Represent on a candle by candle bases what you would be seeing on the Trend Strength Candle companion indicator candles. Represent whatever the current candle trend is on the chart. 

  • CIRCLES: Overall trend in that time frame and price are in alignment.

  • PLUS SIGNS: Appears anytime the 8 and 21 exponential EMAs cross. The direction is not shown.

The core functionality between TOS and Tradestation are identical.

Tradestation has a symbol key along the top. Ticker labels do not display to the side of the rows as in TOS.


Related Links

Phoenix Finder - Settings and Configuration
https://intercom.help/simpler-trading/en/articles/316899

How to change the Phoenix Finder symbols in TradeStation
https://intercom.help/simpler-trading/en/articles/334778

Phoenix Finder and Folio - How to set up Danielle's charts the easy way
https://intercom.help/simpler-trading/en/articles/347670

Watchlist - Phoenix Trend Strength watchlist code and shared links
https://intercom.help/simpler-trading/en/articles/315531

Phoenix Finder - Getting labels to display properly
https://intercom.help/simpler-trading/en/articles/347654

Watchlist - How to create a custom watchlist column in TOS
https://intercom.help/simpler-trading/en/articles/328454

Phoenix Finder - How do I change the way it shows on the chart?
https://intercom.help/simpler-trading/en/articles/346999


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