Inertia Candles: Highlighting Large Candle Bodies

Summary

This document describes a chart indicator that marks candles when their body size exceeds a configurable threshold measured in price points. The provided default input is 100 points. In practical terms, the indicator is a visual filter for identifying bars with relatively large open-to-close moves; it does not specify a direction-based trading rule, entry or exit conditions, or how to size positions.

The description contains no backtest, market examples, performance evidence, or guidance for selecting the threshold. Because the setting is expressed in points, its meaning can vary across instruments and price scales. The document is a brief indicator description and code reference, so it explains what gets highlighted but does not establish that the highlighted candles predict continuation or reversal.

Key ideas

• The indicator highlights candles whose bodies exceed a configurable point threshold.
• The stated default threshold is 100 points.
• The indicator marks candle size but does not define a trading strategy.
• No performance evidence or threshold-selection method is provided.

Tags

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