This indicator shows the FTR (Failed to Return) blocks. FTR is a price action concept. If one reversal candle in the swing when the price bouncing. The FTR area is called. Some traders think price can be react when the price return the this area. ATR multiplier input is the multiplier for the calculation the range between bullish candles (for the down bounce).
Release Notes
Added max_bars_back Changed ATR Multiplier default value and added the minimum value
Release Notes
Added bullish FTR
Release Notes
Added color option for boxes
Release Notes
Fix
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.