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Tristan's Devil Mark (Short)

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"Devil's Mark" in trading refers to a specific candlestick pattern where a candle opens and moves significantly in one direction without creating a wick on that side. This creates an "inefficiency" in the market, and traders use this as a signal that price will likely return to that level to "rebalance" the imbalance and print the missing wick.

This strategy marks every green candle with no bottom wick using a purple downward wedge above the candle. This is highlighting a candle where buyers dominated from the open, but creating inefficiency below.

The purple wedge marks candles that opened at their lowest point and closed higher.
These candles indicate buyer dominance from the start of the period. In downtrends, a green candle with no bottom wick may indicate a potential short-term reversal.

Wait for the candle to close, and short it. Wait for the price to go below the bottom of the body of the marked candle.

Combine with Trend Analysis
  • Look for these candles in uptrends to confirm continuation momentum.
  • In downtrends, a green candle with no bottom wick may indicate a potential short-term reversal.


Support/Resistance Filters
  • Use horizontal support/resistance levels or moving averages to filter trades.
  • A green no-wick candle bouncing off support is a stronger bullish signal.


Timeframe Consideration
  • Works on any timeframe; adjust your strategy accordingly.
  • For intraday scalping, use 1–15 minute charts; for swing trades, use daily or 4-hour charts.


Backtesting and Pattern Recognition
Since the indicator works on historical bars, review past setups to identify patterns where this candle type reliably predicts price movement.

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