fxcodebase-backup
Candle Completion
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=63706
Forum: 17 · Topic 63706 · 3 post(s)
Candle Completion
Apprentice · Mon Jul 25, 2016 6:44 am
Based on request. viewtopic.php?f=27&t=63702#p107287
Indicator will show body/candle ratio as “Percentage” or “Fraction”
Re: Candle Completion
Hailkayy · Mon Jul 25, 2016 10:57 am
Thanks !
1) Just let us modify the ratio as “x/y”
X is the body fraction Y is the candle whole lenght (including wicks).
User may type : 6/8 or 3/4 or 8/10 etc.
Meaning user wants the algorithm to mark the percentage of candles in the chart that have 6/8 (a body of 6 over a total lenght aof 8), 3/4 or 8/10 or any fraction typed.
Example : user types 4/5 and result displayed is 80% Meaning : 80% of the candles have a body of 4 over a total lenght of 5 (the close of the candle is very near to its extreme. The candles of this chart are nearly all full, barely any wicks).
2) Please include : “Period” (in order not to the whole historical data into account but just the last “Period” to make it more relevant to market actual conditions).
3) Instead of 33.41/100 please replace the “100” by “%” (34.41%) and remove “body/candle” as this name doesnt match the figures. In short the indicator will just display the result like “80%”.
Thanks.
Re: Candle Completion
Apprentice · Sat Jun 30, 2018 4:01 am
The indicator was revised and updated.