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
![](https://downloads.intercomcdn.com/i/o/181068609/094170626ac83ac5f453f7d7/image.png)
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.
![](https://simpler-trading.intercom-attachments-1.com/i/o/141151470/81a8a12418bc5edb7ee80503/PFandCandels-01.png)
![](https://simpler-trading.intercom-attachments-1.com/i/o/141151472/8389f4a370d613bc1b9ff063/close-up_01.png)
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.
![](https://simpler-trading.intercom-attachments-1.com/i/o/141151474/f5c93e0d71c39631bb2da86b/main-01.png)
Tradestation has a symbol key along the top. Ticker labels do not display to the side of the rows as in TOS.
![](https://simpler-trading.intercom-attachments-1.com/i/o/141151476/f6827866ce3eede4ae109a21/symbol-colors-01_TS.png)