Candle Breakdown
Posted: Fri Feb 09, 2018 6:00 amIf "Add Body" is on and Add Wick is off.
The indicator will be the sum of up and down Candle Body in last N periods.
My initial assumption was.
Down wicks give bullish signal.
Up wicks give bearish signal.
Observation did not confirm this assumption.
I noticed wicks are contrarian signal,
therefore inverse logic has been used.
If used wicks are added fo sum.
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