The indicator displays High-Low and Open-Close candle sizes. It is also possible to build simple moving averages based on these sizes. The moving average line is constructed according to the formula: Line MA = MA(Period) * Delta. To hide the moving average, it is enough to set its period to 0.

To collect statistics on candle sizes, use the Candle Size Stats script.

parameters

• Period_MA_HL: the period of averaging the moving average based on the size of High-Low candlesticks
• Delta_MA_HL: Multiplier for High-Low moving average
• Period_MA_OC: the period of averaging the moving average based on the size of Open-Close candles
• Delta_MA_OC: Multiplier for Open-Close moving average