Momentum Candle by Sekolah Trading

## 🔷 Introduction
**Momentum Candle by Sekolah Trading** is a proprietary price action tool that identifies high-conviction candles with large bodies and minimal wicks, based on dynamically adjusted thresholds tailored to each pair and timeframe. This script helps traders recognize moments of price acceleration that often precede breakouts, trend continuation, or sharp reversals.

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## 🔷 What Makes This Script Unique (Originality & Utility)
Unlike traditional candle filters that rely on static size comparisons, this indicator uses:

- **Instrument-specific pip sensitivity**: Automatically detects if the pair is XAUUSD, JPY-based, or other Forex instruments.
- **Timeframe-based calibration**: Adjusts body size thresholds dynamically for 5m, 15m, 30m, and 1h.
- **Wick ratio control**: Validates only candles with short wicks (<30%), filtering indecisive moves.
- **Non-repainting logic**: Signals appear after candle close, with no future data lookahead.

This logic has been tested and refined internally by **Sekolah Trading**, designed for scalpers and intraday traders who rely on clean price action structure.

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## 🔷 How It Works

1. **Pair & Timeframe Detection**
Adjusts `minRange` dynamically based on:
- Gold (XAUUSD), JPY pairs, or other Forex
- Timeframe: 5m to 1h

2. **Candle Structure Analysis**
- Calculates body = `abs(open - close)`
- Wick = `upper + lower shadows`
- Valid only if wick is under 30% of total candle

3. **Conditions for Signal**
- Body ≥ minRange
- Wick ≤ 30%
- Clear bullish or bearish direction

4. **Plots**
- 🔺 Blue triangle = Bullish momentum candle
- 🔻 Red triangle = Bearish momentum candle

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## 🔷 How to Use

1. **Add to any 5m–1h chart**, ideally on XAUUSD or major Forex pairs
2. **Wait for signal triangle** to appear at the close of a candle
3. Use with:
- Trend indicators (MA, Supertrend, etc.)
- Support/resistance zones
- Breakout levels
4. **Set alerts** using:
`Momentum Candle (Body)`

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## 🔷 Why This Script is Closed-Source
This indicator includes proprietary logic created by **Sekolah Trading** for professional and community use:

- Original dynamic pip sensitivity calibration
- Custom multi-condition filtering
- Non-reused, non-public logic with adaptive precision

The source is protected to prevent unauthorized duplication. However, all relevant logic and intent have been clearly explained above as required by TradingView’s House Rules.

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## 🔷 Disclaimer
This indicator does not provide financial advice or guaranteed signals. Always combine with your own analysis and risk management. Historical performance does not guarantee future results.

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## 🔷 Suggested Tags
`momentum`, `price action`, `breakout`, `forex`, `xauusd`, `jpy`, `scalping`, `candle`, `non-repainting`, `trend confirmation`