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Wick Length

PostPosted: Mon Apr 25, 2016 4:40 am
by Apprentice
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
(3.28 KiB) Downloaded 797 times

Average Wick Length.lua
(5.9 KiB) Downloaded 516 times


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

Re: Wick Length

PostPosted: Wed Jul 06, 2016 7:31 pm
by FX.Steady.Trader
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
Image

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

PostPosted: Thu Jul 07, 2016 3:20 am
by Apprentice
"Separated Opposite Only" option added.

Re: Wick Length

PostPosted: Thu Jul 07, 2016 4:53 pm
by FX.Steady.Trader
Works great, thank you for the fast change and response!

Re: Wick Length

PostPosted: Mon Jan 09, 2017 9:09 am
by mwmarks1
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

PostPosted: Wed Jan 11, 2017 5:46 am
by Apprentice
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

PostPosted: Wed Aug 16, 2017 5:16 pm
by Alexander.Gettinger
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
(5.03 KiB) Downloaded 602 times

Re: Wick Length

PostPosted: Mon Feb 05, 2018 4:09 pm
by Cactus
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

PostPosted: Mon Feb 05, 2018 4:40 pm
by Apprentice
Average Wick Length.lua added.