After a signal fires, the logic goes into a reset period where it. The signals are produced from the last nr4 or nr7 and will have the potential to fire from that range until a new nr4 or nr7 is detected. Spot nr4 and nr7 candle patterns with breakout signals using a fully customizable indicator.
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These patterns, introduced by toby. These patterns are known for. This indicator showcases the 2 most recognized narrow range patterns, which are the 4 and 7 bar variants (nr4 and nr7).
In this video, we explore the nr4 and nr7 volatility squeeze patterns — classic setups that signal potential breakout opportunities.