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Whale Hunter

1 623
🇬🇧 English Description

Whale Hunt [ATR Candle Detector] is a simple yet powerful indicator designed to detect unusually large candles in the market.
It identifies candles exceeding a set volatility threshold based on ATR (Average True Range), marking them as “Whale Candles.”

📈 Features:

Option to include/exclude wicks in calculations

Separate color customization for bullish and bearish candles

Midpoint lines projected forward based on candle size

Adjustable ATR period and multiplier

💡 Use Cases:

Detecting strong market moves

Observing volatility spikes

Identifying liquidity grabs

⚠️ Disclaimer:
This indicator is for educational purposes only and does not constitute financial advice.

Disclaimer

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.