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Candlestick Momentum is a professional-grade technical analysis indicator that identifies high-momentum candlesticks using advanced ATR (Average True Range) analysis. This indicator helps traders identify potential trend continuation or reversal points by detecting candles with strong directional movement and minimal wicks. Trading Strategies Strategy 1: Momentum Breakout - Setup : Wait for momentum candle signals - Entry : Enter on arrow signal - Stop Loss : Below/above the momentum candle -
The ATR Strategy Multiplier is designed to help traders assess market volatility using the Average True Range (ATR) across multiple timeframes. It calculates and displays ATR values along with recommended Stop Loss (SL) and Take Profit (TP) levels based on the ATR. These levels are essential for setting risk management parameters and optimizing trading strategies. Parameters: Indicator Parameters : ATR Period : Determines the period over which the ATR is calculated. Timeframe : Select the

