Definitions
In plain terms
It puts body size on a scale-free zero-to-one basis for a valid nonzero range.
Technical
Compute abs(C-O)/(H-L) and declare the result missing or specially classified when H equals L.
Scope
It measures relative body size, not trend strength or predictive confidence.
Formula
Body-to-range ratio = abs(C - O) / (H - L)BR=\frac{|C-O|}{H-L}| Symbol | Meaning | Unit |
|---|---|---|
O | bar open price | price |
C | bar close price | price |
H | bar high price | price |
L | bar low price | price |
Output unit: ratio
Examples
- A governed lesson uses Body-to-Range Ratio only with declared inputs, timing, parameters, and edge-case behavior.
Common misconceptions
- It measures relative body size, not trend strength or predictive confidence.
Concept relationships
Prerequisites
Related
Where this concept is used
Evidence and governance
- TA-Lib Global Candle Settings TA-Lib · first party technical publication
Supports: preferred label, short definition, technical definition, formula
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
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.