Candelstick xxl

03/09/2025
Desktop



- Practical Applications:
- Quickly identifies unusual market conditions
- Visualizes volatility changes
- Helps spot potential breakouts (large candles) or consolidations (small candles)
- Spike detection warns of potential reversals or news events
- Calculation Efficiency:
- Only maintains data for the lookback period
- Updates statistics incrementally
- Minimal impact on chart performance
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Signal
MeetAlgo_ChannelTrading_cTrader
Channel Trading is a volatility-based indicator using envelope theory to spot price breakouts and trade signals.

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