NYC Session Candle Analysis

Candle Analysis is a volatility-measurement tool that calculates average candle movements starting from a selected reference point, such as a fixed number of candles, a specific time and timezone, or a major trading session like New York, London, or Tokyo. It measures multiple candle ranges including High–Low, Open–Low, Open–Close, and others, then displays the averages in both points and ticks. The indicator helps evaluate market behavior during session opens, analyze open-range volatility, and understand typical candle movement patterns across different markets and timeframes.