Visualizing Candle Body Size Changes Across a Price Trend

Summary

The document describes an indicator that displays candlestick body sizes in points over a selected period. It uses color intensity to distinguish bodies that are growing along a trend from those that are shrinking: expanding bodies appear in brighter colors, while contracting bodies appear paler. This presentation is intended to make changes in candle-body size easier to see while reviewing price action.

The description mentions that the indicator relies on classes from a smoothing-algorithm library, but it does not explain the smoothing method, define how the trend is identified, or provide parameter guidance. It includes a figure reference but no trading rules, historical tests, or evidence that candle-body expansion or contraction predicts future returns. The indicator is therefore a visualization aid rather than a demonstrated standalone strategy.

Key ideas

• The indicator plots candlestick body sizes in points over a chosen period.
• Brighter colors mark candle bodies that are increasing in size along a trend.
• Paler colors mark bodies that are decreasing in size along a trend.
• The description does not specify trend detection or demonstrate predictive performance.

Tags

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