ATR Candle Size
Made for NNFX Method. If Candle close more then 1x ATR from baseline do not enter the trade.
Versionshinweise:
Just made two small changes - adding the Candle Size option and highlighted the bars/candles bigger than the ATR criteria.
Versionshinweise:
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.
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.
Versionshinweise:
Minor update: added direction of the candle