Candle Body Size Indicator
Platform: MT4 Type: Informational Last update: December 28, 2024The Candle Body Indicator for MT4 displays the body size (excluding wicks) of a candlestick directly on the chart. In other words, it measures the difference between the opening and closing prices during a specific time period. What’s more, it differentiates between bullish and bearish candles, with the nominal size shown above (in blue text) or below (in red text) each bar.
The provided data not only serves an informational purpose but also helps in understanding market momentum and its strength. When it comes to possible adjustments, one can customize things like colors and fonts in the settings tab.
Example chart:
Submit your review | |
ForexRacer
Average rating: 0 reviews
