Takes the length of the wicks on the tops and bottoms of each candle and plots them on their own to reduce the noise and to give an idea of whether the bulls or bears are being more insistent about direction.
It also highlights the more aggressive wicks in black, which can be used to identify stop hunting if used in conjunction with support/resistance levels.
It also highlights the more aggressive wicks in black, which can be used to identify stop hunting if used in conjunction with support/resistance levels.
Notas de prensa:
Added alerts
Notas de prensa:
Add candle colouring
Notas de prensa:
Added a standard deviation lookback input and gave meaningful titles to the outputs, which can be viewed in the Data Window on the right, with thanks to @RokasFx for the suggestions