Candle absorption

The indicator finds an absorption pattern for candles, and draws an appropriate signal to enter the market.

Features

1. A combination of 2 candles is considered.
2. Candles without a body are ignored.
3. By default, the indicator calculates the values for another 200 previous candles.
4. Works for all currency pairs, on any timeframe.
5. The free version involves filtering deals by the trader.
6. There is a signal filtering function.

Input parameters

• Distance – indicates the distance from the minimum / maximum of the candle to the formed indicator signal (setting a larger parameter is recommended for a larger time frame)
• PerfectSignal – includes a function that filters signals. A signal will be issued if the body of the first candle was completely absorbed by the second candle.