PROTECTED SOURCE SCRIPT
Updated ATR Candle Size
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 candleProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.