If you're diving into the world of trading, understanding candlestick patterns is crucial. One tool that can help you gauge the length of candlesticks is the PYHighLow indicator for MetaTrader 5. This nifty indicator calculates the distance between the high and low prices, giving you insights into market volatility.
The value displayed is in percentage, making it easier to analyze the candlestick's significance in the context of price movements.
Input Shift: This option allows you to adjust the detection of the candlestick length, tailoring the indicator to fit your trading strategy.
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