CBC Flip with Targets and Filters

CBC Flip with Targets and Filters builds a complete signal framework around Candle By Candle logic: a bias flip confirms only when a candle closes beyond the previous candle's high or low — a stricter cousin of the two-bar reversal that ignores intrabar wicks entirely. Every confirmed flip plots ATR-scaled profit targets and stops, an optional session-anchored VWAP filter aligns signals with intraday value, and outcome markers grade each setup where it happened.

How to Trade the CBC Flip with Targets and Filters?

• Bullish flip triangle: the candle closed above the prior high; target and stop draw at their ATR multiples.
• Bearish flip triangle: a close below the prior low mirrors the setup downward.
• Confirmation VWAP mode: longs only above the session VWAP, shorts only below it — trend-following alignment with intraday flow.
• Contrarian VWAP mode: takes flips against value for mean-reversion trades.
• Circle and X markers: a circle means the target was reached first, an X means the stop was.

Everything keys off confirmed closes, so the tool is non-repainting: history reflects what live execution would have shown. A dashboard adds hit rate, sample size, and progress toward the active target.

CBC Flip with Targets and Filters Settings

• ATR Length: volatility lookback behind target and stop sizing.
• Target ATR Multiplier / Stop ATR Multiplier: distances of the profit target and stop from the flip.
• Require candle close to stop: trigger stops on a touch, or only once a candle closes beyond the level.
• Show Daily Anchored VWAP / Filter Bias by VWAP: display the session VWAP and pick No Filter, Confirmation, or Contrarian.
• Historical Trade Count: sample size behind the hit-rate statistic; other toggles cover flip labels, outcome markers, label size, and the dashboard.

Frequently Asked Questions

Does the CBC Flip indicator repaint?

No. Flips, targets, and stops all compute from confirmed closes, so nothing redraws later and history matches real-time behavior — which is what makes the on-chart hit rate meaningful.

Where does the VWAP filter help most?

The filter anchors to the daily session, so it earns its keep intraday. Confirmation mode keeps you on the side of dominant session flow; Contrarian mode hunts exhaustion flips back toward value when price is stretched.

How do I get the CBC Flip with Targets and Filters?

It is free on the LuxAlgo Library — no subscription required. If close-confirmed reversal logic appeals to you, the Three Bar Reversal Pattern explores a related structure over three candles.