FTB-C000294 / Formula component

Body Reference Scale

Body Reference Scale is the lagged statistic against which a candle's real-body length is compared.

Also known ascandle body baseline

Intermediate 1 linked topicPublished

Definitions

In plain terms

It can be a rolling mean, median, range-derived value, or another explicitly governed baseline.

Technical

The reference records source measurement, lookback, lag, statistic, minimum periods, outlier policy, and units.

Scope

It must exclude the current candle when the classification contract requires a causal prior baseline.

Examples

  • A governed lesson uses Body Reference Scale only with declared inputs, timing, parameters, and edge-case behavior.

Common misconceptions

  • It must exclude the current candle when the classification contract requires a causal prior baseline.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D06-F01-A02 Prerequisite

Evidence and governance

  1. TA-Lib Global Candle Settings TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: TA-Lib defaults are library conventions and do not establish universal definitions for small or large candle bodies.

Reviewed by
fintech-builder-batch-006
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.