As a word of warning:
I don't recommend you use this haphazardly in live trading unless you really know what you're doing.
I recommend to use this indicator in combination with the volatility step channel so that you can engineer the right input values (visually...the wicks of extreme tick prices must NOT touch the channel lines).
OHLC Candles with extreme tick price tracking
Conor Mcnamara, 2025.10.10 14:00
This is an OHLC candlestick chart which records the highest ask and lowest bid on each new barYou are missing trading opportunities:
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Volatility Step Channel:
A channel which calculates local highs and local lows with volatility-adjusted lines
Author: Conor Mcnamara