The ATR Candle Length Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4). This indicator measures the length of each candle in the chart, which is useful for traders who want to spot trends and make trading decisions based on the length of the candle. The ATR Candle Length Indicator works by measuring the length of each candle in the chart, which is then displayed in a histogram. This indicator is easy to use and can be quickly added to any MT4 chart. The ATR Candle Length Indicator can be used to identify trends in the market. If the candles in the chart are consistently longer than average, it could indicate that the market is trending up. Conversely, if the candles are consistently shorter than average, it could indicate that the market is trending down. This indicator can also be used to spot reversals in the market. If the candles suddenly become shorter or longer than average, it could be a sign that the market is about to reverse direction. It is a popular and free indicator that can be used to identify trends, spot reversals, and determine the strength of a trend.
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