Coral Manual

The manual for the Coral indicator
Manufacturer: nt8indicators

Inside this manual, you'll find installation instructions, what is the Coral indicator and finally, how to use the Coral indicator.

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This indicator is considered a “confirmation indicator” which falls into the category of indicators that serve as an initial checkpoint after the baseline indicator provides you with a foundational signal. The Coral indicator is a combination of moving averages smoothed exponentially.


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Marubozus are an interesting candle pattern wherein the close and open of the candle are also the high / low points of the candle. In other words, a candle with no shadows or wicks. How reliable are they, though? Probably not very reliable on their own. It may also depend on the size of the candle. You would probably want to incorporate this candle pattern with other filters, like RSI , MACD , to filter trade opportunities.

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