Mihkel00

ATR Candle Size

Mihkel00 Updated   
Made for NNFX Method. If Candle close more then 1x ATR from baseline do not enter the trade.
Release Notes:
Just made two small changes - adding the Candle Size option and highlighted the bars/candles bigger than the ATR criteria.
Release Notes:
The script allows traders to adjust the candle size multiplier, which is a factor that determines how large each candle will be relative to the price movement.
The plots of candle size and the ATR on the chart and color-codes the background and bars are based on whether the candle size is greater than the ATR.

This can help traders quickly identify periods of high volatility or potential trend changes, and make informed trading decisions based on the market conditions.
Release Notes:
Minor update: added direction of the candle
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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