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A Frog-Jump Candlestick Indicator That Hides Isolated Bars

Article MQL5 code base

Summary

This brief indicator description applies a frog-jump analogy to candlestick sequences: price is imagined as moving between nonadjacent leaves, so an isolated candle between candles of the opposite direction is treated as irrelevant to the experiment. Specifically, it hides a bullish candle when it is preceded and followed by bearish candles, and applies the inverse rule to a bearish candle surrounded by bullish candles. The stated purpose is to remove these lone candles from a chart display.

The document describes a visualization or filtering rule, not a complete trading strategy. It gives no entry or exit conditions, market or timeframe, quantitative evidence, or performance comparison between the filtered and normal charts. The rule may make some sequences easier to inspect, but the post does not show that the removed candles are noise or that excluding them improves analysis or trading outcomes. It should therefore be understood as a chart presentation experiment whose usefulness would need to be evaluated in context.

Key ideas

  • The indicator hides a bullish candle when bearish candles appear immediately before and after it.
  • It applies the same isolation rule in reverse to a bearish candle between bullish candles.
  • The frog-jump analogy motivates skipping isolated candles in the sequence.
  • The document describes chart filtering and supplies no evidence of improved trading performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.