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Wick Length

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=63410
Forum: 17 · Topic 63410 · 9 post(s)


Wick Length

Apprentice · Mon Apr 25, 2016 4:40 am

EURUSD H8 (04-25-2016 1104).png

Based on request. viewtopic.php?f=27&t=63408 Will show. Separate wick length (Up and Down) Cumulative wick length (Up + Down) Wick Difference (Up - Down)

Wick Length.lua

Average Wick Length.lua

Related indicator is available here. viewtopic.php?f=17&t=64019&p=108763#p108763


Re: Wick Length

FX.Steady.Trader · Wed Jul 06, 2016 7:31 pm

Hello! Can you add one more option (maybe called Opposite Wick Only) where it works similar to the Separated option (where it has two separate streams for showing both bars) but ONLY shows the wicks that are opposite of the bar type?

Something like this: I edited a screen shot of the Separated method, to show what I would want it to look like

So a bull bar would only draw the lower wick and a bear bar would only draw the upper wick, instead of both wicks being drawn for every bar.

My strategy hinges on watching wicks on the opposite side of the main bar type, and being able to visualize it in an oscillating graph would help me A LOT!

If this works well, I would easily consider paying for the rest of my method to be added, and have this converted into a full Strategy for automated trading. I would be happy to share it with the community as well.

Thank you for your time!


Re: Wick Length

Apprentice · Thu Jul 07, 2016 3:20 am

“Separated Opposite Only” option added.


Re: Wick Length

FX.Steady.Trader · Thu Jul 07, 2016 4:53 pm

Works great, thank you for the fast change and response!


Re: Wick Length

mwmarks1 · Mon Jan 09, 2017 9:09 am

Hi Apprentice

Are you able to add an alert to this indicator when there is no wick at the bottom of the up candle and the no wick at the top of the down candle.

Regards Mwmarks1


Re: Wick Length

Apprentice · Wed Jan 11, 2017 5:46 am

Your request is added to the development list, Under Id Number 3710 If someone is interested to do this task, please contact me.


Re: Wick Length

Alexander.Gettinger · Wed Aug 16, 2017 5:16 pm

mwmarks1 wrote: Hi Apprentice

Are you able to add an alert to this indicator when there is no wick at the bottom of the up candle and the no wick at the top of the down candle.

Regards Mwmarks1

You can try this version.

Wick Length with Alert.lua


Re: Wick Length

Cactus · Mon Feb 05, 2018 4:09 pm

Hello I just made a request for a very similar maybe even identical indicator. And then I found this thread… So I’ll just make one modification request to this indicator. Can you add a 2 moving averages on the oscillator, one for low wicks and one for high wicks?


Re: Wick Length

Apprentice · Mon Feb 05, 2018 4:40 pm

Average Wick Length.lua added.