A candle closes in the top portion of the trading range of the candle while a candle closes in the bottom portion of the trading range of the candle.
The cutoff is currently set at 65% (you can adjust it) so the close must be outside or equal to 65% of the trading range to be considered or . If less than 65% the triangle will indicate a neutral candle.
green triangle = candle
red triangle = candle
yellow triangle = neutral candle
I hope this helps those using TraderCobb's cradle strategy.