3.2 · Timing
Candle breakout
The previous bar establishes the formation, while the current bar dictates your action. The Panda Indicator highlights whether that specific candle qualifies as a valid breakout. We do not dictate what must happen next.
What a signal is
What we call a signal comes from historical data. At a given moment it tries to forecast where price may go next by recognising patterns that have repeated before. It offers probabilistic hints—not guaranteed outcomes. There is far more to algorithm design than this, but first you need to understand how to analyse history.
What we call a signal comes from historical data. At a given moment it tries to forecast where price may go next by recognising patterns that have repeated before. It offers probabilistic hints—not guaranteed outcomes. There is far more to algorithm design than this, but first you need to understand how to analyse history.
How it differs from the range break
A candle breakout is fast and concise: the prior bar sets it up, and the current bar executes it. A range breakout is broader and is plotted using L; toggle Z-Ent / Gate POC lines with G. They can coexist, but they must agree on direction. Refer to the range lesson. Shared timing ring: I structure and Z reversal (Z key ≠ Z-Ent).
A candle breakout is fast and concise: the prior bar sets it up, and the current bar executes it. A range breakout is broader and is plotted using L; toggle Z-Ent / Gate POC lines with G. They can coexist, but they must agree on direction. Refer to the range lesson. Shared timing ring: I structure and Z reversal (Z key ≠ Z-Ent).
B (on by default; hand toggle): in-window ABR (latest 2px) + AB Fib/TP; Fib also follows R. R (off by default) owns the side panel + 3-line labels + Canvas; POC follows B∨R; with B off, latest ABR can still show via R. Only the newest leg gets Fib/Canvas; levels auto-extend to the current bar. F is manual XFib and does not change the exit table. Z-Ent / Gate POC / StructPick: N/A for Web Version, Contact Support@PandaIndicator.com for Client Version
Before you evaluate the win rate
The statistics describe historical behavior for this specific category of B-legs; they do not constitute an order. A row becomes actionable only after the Gate and a valid structure have successfully classified the setup. See how to read the panel.
The statistics describe historical behavior for this specific category of B-legs; they do not constitute an order. A row becomes actionable only after the Gate and a valid structure have successfully classified the setup. See how to read the panel.