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Tail / Body Ratio

Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=66999
Forum: 48 · Topic 66999 · 1 post(s)


Tail / Body Ratio

Alexander.Gettinger · Sat Nov 24, 2018 5:37 pm

This indicator will give a signal in the two cases. 1) Candlestick wick / tail is greater than candle body. (Body* Multiplier) < Tail 2) Candlestick wick / tail is greater than the rest of the candle. ( (Body+ Opposite Tail) * Multiplier) < Tail

TB Ratio.PNG

Download:

TB Ratio_JS.jsl