Impulse candle
An impulse candle is a candle with a large body in one direction and small wicks, the kind of candle that often forms the middle of a gap.
Definition
An impulse candle is a candle with a large body in one direction and small wicks, the kind of candle that often forms the middle of a gap.
There is no agreed size. Traders compare the body with recent candles or with the average range and decide by eye or by a setting.
It is a loose cousin of displacement. This site uses displacement, measured against the average range, and does not use the word impulse as a measurement.