Check of trends using ATR
Using ATR to detect large candlesticks. I investigated whether detecting trends by confirming the tightening of the low and the upper wick of those candles is possible.
When a large trend is occurring, the low of the large candlestick (the bright green candle) is clearly rising.
In this kind of market, I would like to enter long.
On the other hand, how about the following case?
This shows a large bullish candle, but the low is making lower highs.
In such a situation, no matter how large the bullish candle is, I would like to skip the entry.
I am creating such trend-following indicators.
Thank you for your continued support.
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