1-2-3 Candle Alerts
The three candles, the alerts, the options trade, the exits
31 questions about 1-2-3 Candle Alerts
What is a 1-2-3 Candle?Three daily candles: candle 1 red, candle 2 a bigger green candle with the highest high of the three, candle 3 red. Over candle 2's high at 3:45 PM Eastern is the buy, called before the close so you can get in.
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What do I get with 1-2-3 Candle Alerts?Every daily 1-2-3 call at 3:45 PM Eastern the day it triggers, before the close, as an options trade with its exits; each setup as it forms; how every call ended; and your own page in the members area with every open call and the record.
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What are the four 1-2-3 bonuses?Four extras on your 1-2-3 Candle Alerts page: the 1-2-3 Field Guide (with a PDF), the Repeat-Winner Watchlist, the Market Weather Light and the 1-2-3 Position Sizer. All four read our own record and come with your membership.
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The 1-2-3 Field Guide: what is in it?Seven short chapters: the anatomy, what counts and what does not, why the breakout works, three real calls (a target, a stop, a day-30 exit), the exits with their real counts, what the record says about strong and weak ones, and an evening routine. On your page, and as a PDF.
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What is the Repeat-Winner Watchlist?The stocks where the 1-2-3 has fired and closed in profit most often in our record (five or more finished calls each), ranked by how many closed in profit, each with every one of its 1-2-3 calls and whether it has a call open or a setup forming now.
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What time frame does the 1-2-3 Candle run on?The daily chart only. Every candle in the pattern is a daily candle, and every call comes at 3:45 PM Eastern, before the day's close.
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What does the Market Weather Light mean?It reads where SPY closed against its 200-day average and shows how the 1-2-3 record did in that kind of market: green for its best weather, red for its weakest, yellow in between. It never changes a call.
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How does the 1-2-3 Position Sizer work?Put in your account size and how much of it you risk on a trade (1% is a common choice). It divides that by how far your price is above the call's stop (10% under the entry) and shows the shares, what the stop and the target would mean in dollars, and what one contract of the options trade cost.
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Which stocks does the 1-2-3 Candle scan? Can I add my own?About 250 of the most traded US stocks and ETFs: the S&P 100, the Nasdaq 100, the big index and sector ETFs, and the names our traders ask about most. You cannot add your own to the alerts.
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How many 1-2-3 alerts will I get a week?About ten to twelve calls a week over the past year, so about two a trading day on average. Some days have none; after a sharp selloff, several can fire the same afternoon.
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When do the 1-2-3 alerts come?At 3:45 PM Eastern, before the close, the day a 1-2-3 triggers, so you can buy before the 4:00 bell. After the close a short note confirms it, and the daily recap comes about 4:40 PM.
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What is in a 1-2-3 alert, and how do I read it?The chart, the stock and its trigger, the entry, the stop 10% under it, the target 5% over it and day 30, then the options trade and when to sell it, or "trade the stock".
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What is the 1-2-3 options trade, and why a call?Each call comes as one options trade: the monthly call one strike in the money, about 90 days out. Sell it when the stock is 5% over the entry, or at the close on day 30. There is no stop on the option.
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Why does an alert say "trade the stock" with no options play?That stock's options were trading too wide at the signal: the at-the-money call's bid to ask was more than 10% of its middle price. A spread that wide eats the trade, so that call has no options play.
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Can I trade the 1-2-3 without options?Yes. Every call is a stock trade too: buy the stock, put the stop 10% under the entry and the target 5% over it, and sell at the close on day 30 if neither is hit.
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What are the 1-2-3 exits?The stop 10% under the entry, the target 5% over it, and out at the close on day 30 if neither is reached. The first one reached ends the trade.
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Why did my 1-2-3 trade close?It reached one of its three exits: the target 5% over the entry, the stop 10% under it (on a wick, during the day), or the close on day 30.
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The stock was stopped out. What about my option?The option has no stop. It keeps its own exits: sell it when the stock reaches 5% over the original entry, or at the close on day 30, whichever comes first.
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What does "setup forming" mean? Should I buy it?The three candles are in and the trigger is set at candle 2's high, but nothing is bought yet. It becomes a call only when the stock is over the trigger at 3:45 PM Eastern (or closes over it). Don't buy it early.
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What does the "+3% on the way to +5%" update mean? Do I sell?It is a progress note: an open call closed 3% over its entry, on the way to the 5% target. Nothing changes: the stop, the target and day 30 stay as they were.
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What are the daily recap and the Friday scorecard?The recap is one short post after the close every weekday: today's calls and results, how many calls are open, the ones furthest up and how many setups are forming. Fridays add the week's scorecard.
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Where do I get the 1-2-3 alerts? How do I join Telegram or Discord?On your 1-2-3 Candle Alerts page in the members area: every alert is in its feed, and you join the Telegram channel or the Discord room from there. The FBT App is coming soon.
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How do I read the 1-2-3 record?The record on your page counts every finished stock call: the share that won, the average call in % of the entry, and how many hit the target, were stopped or went out on day 30, for all time, the last 365 days and the last 90.
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What does a result like "+2.3%" mean?How much the stock moved from the entry, for a member who took the call as written, partial exits included. +2.3% is a call that made 2.3% of its entry price; −10% is a full stop on the 1-2-3. Every system shows its results this way.
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I missed the entry. Can I still get in?The entry is the price at 3:45 PM Eastern, when the call posts, so you can buy before the close. If you see it later, check how far the stock has run toward its 5% target before you buy.
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What is the 1-2-3 Trade of the Week?The best 1-2-3 call that finished in the last 7 days with a win, at the top of your page. If none finished in profit, it is the open call furthest up, labelled still open.
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Is the 1-2-3 Candle on TradingView?No. The 1-2-3 Candle is ours only: its calls are in your members area and its alerts rooms, and the pattern is drawn on Find Better Charts.
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What is the difference between 1-2-3 Candle Alerts and the 1-2-3 Candle indicator?The alerts bring you every 1-2-3 call with its options trade. The indicator draws the pattern itself on our charts: the three neon candles, the trigger line and the buy, on any stock we scan.
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Is my 1-2-3 Candle Alerts for life or for two years?Your 1-2-3 Candle Alerts page says so: a lifetime holder sees the gold Lifetime badge at the top of the page and "∞ Life" next to 1-2-3 Candle Alerts in the menu. Without the badge, your access runs for a set time.
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How do I see the 1-2-3 Candle on Find Better Charts?Open the 1-2-3 Candle indicator in your members area and press "On Find Better Charts": the chart opens with the 1-2-3 on. Find Better Charts is in beta, so it opens for beta members first.
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Does the 1-2-3 Candle call sells or puts?No. It calls buys only. The mirrored sell pattern is built but switched off until its own test says it holds up.
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Still need a hand? Talk to a real person.Members: sign in and open Support, and Micheal and the team answer by email. Or email support@findbettertrades.com.
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