How to read the Phoenix Finder

What the colors and symbols mean on the Phoenix Finder.

Phoenix Finder

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

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.
 

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.