Gear, fitness and money for OR pros. Written by a practicing CRNA.

Tools / Three Candle Model

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Three Candle Model

A charting tool for TradingView

It marks the three-candle setups on your chart, reads the bias from the monthly down, and pings your phone when it’s time to look.

Three Candle Model on a 4-hour Nasdaq futures chartReal chart
Works on
FuturesStocksETFsMonthly to 4-hour charts

How it works

Find it, read it, get the alert

1Spots the setup

Candles labeled for you

The model labels candle 2 and candle 3 of each setup and checks the lower timeframe for a change in state of delivery (CISD).

  • C2 and C3 labels with the timeframe they belong to
  • CISD confirmed ✓, pending, or failed ✗
  • The array shaded so you can see where price should react
4-hour chart with a C2 label, CISD check and shaded array
2Reads the bias

Top-down, in plain words

A short readout on the chart says where each timeframe stands and what has to happen next.

  • Monthly, weekly, daily bias, with what’s at risk
  • Targets, like the previous week’s 50% and high
  • The trade: none yet, or what has to close first
  • Intermarket: SMT check against a related market
Daily chart with the Three Candle Model bias readout
3Alerts your phone

Know when to look

TradingView alerts tell you when a setup confirms, when price reaches a target, and when a candle closes that matters. No staring at charts all day.

  • Bias confirmed (previous high taken plus CISD)
  • Price entered a gap or array to watch
  • Target reached, with the level
Three Candle Model alerts for SOXL on a phone
Three Candle Model alerts for ES futures on a phone, trade prices hidden

Real alerts. Trade prices hidden.

4Any timeframe

From monthly down

The same rules run on the monthly, weekly, daily and 4-hour charts, so the big picture and the entry tell one story.

  • Monthly C2 here, flagged strong because it closed beyond C1
  • Same labels and readout on every timeframe
Nasdaq futures monthly chart with Three Candle Model C2 labels

Under the hood

Built line by line

3,000+ lines of Pine Script, written by a working CRNA for his own trading. Every label, readout and alert on this page comes from that code.

  • Runs inside TradingView, on the chart you already use
  • Same rules on every market and timeframe
  • Still being refined trade by trade
The Three Candle Model on a Nasdaq monthly chart next to its Pine Script editor, code blurredCode blurred

Quick glossary

What the labels mean

C2 / C3The second and third candles of the three-candle setup.
CISDChange in state of delivery on the lower timeframe.
PWH / PWLPrevious week’s high and low.
SMTOne market makes a new high or low and a related one doesn’t.

Waitlist

Get it first

Join the waitlist and we’ll email you when the Three Candle Model goes live on TradingView.

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An educational charting tool, not financial advice or a recommendation to buy or sell any security. Trading involves risk, including loss of money. Real charts and alerts shown for illustration; trade prices hidden. Requires a TradingView account. TradingView is a trademark of its owner.