FTB-C000291 / Formula component

Body-to-Range Ratio

Body-to-Range Ratio is real-body length divided by the candle's high-low range.

Also known ascandle body ratio

Intermediate Formula defined 1 linked topicPublished

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)
LaTeX: BR=\frac{|C-O|}{H-L}
SymbolMeaningUnit
Obar open priceprice
Cbar close priceprice
Hbar high priceprice
Lbar low priceprice

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

Tutorials planned

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

  • D06-F01-A01 Important

Evidence and governance

  1. 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
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.