The High Wave candlestick pattern indicator generally signifies indecision from the bulls and bears. This indicator works by generating buy and/or sell 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.
This pattern is somewhat elusive, and we don't have a screenshot of it just yet. If you find this pattern in a chart, please feel free to send us a message with the exchange, currency pair, and time interval, so that we can add a screenshot of this candlestick pattern.