Hello helpful people
Would you be able to develop such indicator, kind of similar to "linear price bar" or "vector" but not really. Let me explain:
It would be an oscillator below the chart.
Below 0 level line, low wicks size of the candle to be drawn (any candle, bullish or bearish don't matter)
Above the 0 level line, high wicks size to be drawn
So if a candle is bearish, the low wick is = close - low
If bullish, the low is open-low
If candle is bearish, the high wick is high - open
If bullish, the high wick is high - close
On top of that, have an MA of each wicks
I posted 2 screenshots for more explanation.
This would aid in determining which areas are heavily tested (a lot of wicks forming)
And a lot can be done by comparing the averages, etc.
Thanks in advance.