Belt Hold Bullish
The Belt Hold Bullish Candlestick Pattern Indicator generally signifies a trend reversal for both bear and bull markets, but this specifically is meant to determine bullish trend reversals. Basically, if the candle closed above the opening price, its a Bullish trend reversal. This Indicator works by generating Buy and/or Sell Trade Signals after the pattern has formed.
Your position determines the trade signal used for this indicator! If you are in a bought position, the trade signal will be a sell signal. If you are in a sold position, the trade signal will be a buy signal. You can set this indicator to produce the signals you want by ONLY enabling those trade signals on the left of the candlestick pattern indicator screen.