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Recognising a liquidity vacuum on EURGBP M1

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FXS Prop Desk
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Joined: Wed Oct 07, 2026 9:52 am

Re: Recognising a liquidity vacuum on EURGBP M1

Post by FXS Prop Desk »

Defining the vacuum candle in numbers is a big improvement over describing it by eye. One detail to check before coding it: on M1, the 14-bar ATR at the start of the London session comes from the quiet late-Asia candles, so in the opening minutes nearly every London candle can clear the three-times threshold. Comparing the candle with the ATR measured on the same minute of earlier sessions instead of the rolling 14-bar window would make the filter fire only on truly unusual candles instead of on every normal open.
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