Topic: one candle pattern

Dear footon
could you build that indicator code
1- candle length in pips
2- candle ATR
3- Open and close positions example" open in the top 20% ,close in the 20% low"
4- candle makes new N-bars High or low

Re: one candle pattern

Any idea about that indicator!!!!

Re: one candle pattern

Be more specific. Draw many pictures, I like them and understand them better smile

3rd point I get, 4th too. What do you want to do with the first ones?

Re: one candle pattern

example of candle length

candle length >50 pips & < 200 Pips
Candle ATR

The range of last candle is the biggest/smallest  in last N candles

Lets Have a combined scenario

last candle is : >100 pips & is the biggest candle in last 8 days & Both open and close  in the lowest 25 % of candle range & its the highest candle in last 60 bars

Re: one candle pattern

hello footon
1st condition :

candle Body > Average N previous candle bodies

2nd condition :

candle body is the biggest range in the last N bars

could these conditions be an indicator!!!!