VS_15m Manipulation Candle (2026)# 15-Minute Manipulation Candle Indicator (25% of 14-Day ATR)
## Overview
The 15-Minute Manipulation Candle Indicator is designed to identify unusually large price movements on a 15-minute chart by comparing each candle's range to the instrument's 14-Day Average True Range (ATR).
A candle is classified as a **Manipulation Candle** when its total range (High – Low) is equal to or greater than a user-defined percentage of the current 14-Day ATR. The default setting is **25% of the 14-Day ATR**.
When a Manipulation Candle is detected:
* The candle is highlighted in **orange**.
* A horizontal line is plotted at the candle's **high**.
* A horizontal line is plotted at the candle's **low**.
* Both lines extend forward for a user-defined number of candles (default = 6).
## Purpose
Large intraday candles often represent periods of significant market participation, institutional activity, news-driven volatility, liquidity grabs, or directional displacement. By identifying these candles and marking their ranges, traders can monitor how price reacts to these important levels in subsequent trading periods.
The resulting high and low levels may serve as:
* Potential support and resistance zones
* Liquidity areas
* Retest zones
* Breakout reference levels
* Risk management landmarks
## Calculation
The indicator performs the following calculation:
1. Retrieves the current **14-Day ATR** from the Daily timeframe.
2. Calculates the range of the current 15-minute candle:
Candle Range = High − Low
3. Calculates the Manipulation Threshold:
Threshold = 14-Day ATR × 25%
4. If:
Candle Range ≥ Threshold
then the candle is classified as a Manipulation Candle.
## Visual Output
### Orange Candle
Indicates that the candle's range is equal to or greater than 25% of the 14-Day ATR.
### High Line
A horizontal line plotted at the candle's high and extended forward.
### Low Line
A horizontal line plotted at the candle's low and extended forward.
## Recommended Use
This indicator is intended to be used on a **15-minute chart** and can be applied to futures, forex, commodities, indices, stocks, and cryptocurrencies.
Many traders use the identified range as a reference area for:
* Retest entries
* Continuation trades
* Reversal setups
* Liquidity analysis
* Intraday support and resistance identification
## Default Settings
* Daily ATR Length: 14
* Manipulation Threshold: 25% of 14-Day ATR
* Horizontal Line Extension: 6 Candles
* Manipulation Candle Color: Orange
## Disclaimer
This indicator is intended as an analytical tool only and does not provide buy or sell signals. Traders should combine it with their own market analysis, risk management rules, and trading methodology before making trading decisions.
Indicateur Pine Script®






















