Candle Size w/ SMA

This simple indicator calculates the absolute size of the candle by the open and close or high and low values and then plots it on a histogram. It also features a simple moving average with a customizable lookback to track the average candle size based on your lookback.

This indicator can be used to spot unusually large or small candles. And can also be used for testing other strategies or indicators related to candle sizes.

Versionshinweise:

updated titles

Versionshinweise:

small update

Versionshinweise:

Added Multi-Time Frame functionality.

This can be used so you can see a lower timeframe yet still know what the candle size or average candle size is on higher time frames.