They are public from the first trade and never change. Each one fires once.
Part of every trade's fee goes to that coin's own reserve. Creators also load it at launch.
Price has to go 20% above a level before that level can fire.
The level fires when price returns to between 10% under the level and the level itself.
If the reserve can't pay for the whole candle, nothing fires. Two candles on one coin are at least 10 minutes apart.
One transaction buys the amount needed for the candle and burns every token it bought.
If the creator sells while still holding tokens, candles pause for an hour. Other wallets they control may go unseen.
A candle can be erased right after it prints. It can also be someone else's exit.
Most coins never reach a level, so most reserves are never spent.
A creator's load only pays for candles. Unused reserves move to a pot shared by all coins.
Traders may buy just before a candle and sell into it.