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Strict Sponsor Candle (N0name)

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Sponsor Candle Detector
This indicator identifies Sponsor Candles — large, dominant candles that absorb previous price action and often mark key market movements.

Features:

• ✅ Customizable minimum size of the candle being absorbed (in %)
• ✅ Adjustable absorption ratio – define how many times larger the Sponsor Candle must be compared to the previous candle
• ✅ Clean and simple visualization directly on the chart

Use this tool to spot potential areas of institutional activity or strong momentum shifts.

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