Indicator which identfies a kangaroo tail as defined in the book naked forex
A kangaroo tail is defined as
- a candle where the body closes in the upper or lower third
- which has room to the left
This is an indicator for the Big Shadow (engulfing candle) that Walter Peters teaches in his course and book "Naked Forex". I hope this will help other "Naked" traders to identify this candle pattern.