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Published:

2018.11.20 12:49

Wick_Length.mq5 (10.42 KB) view

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Wick length indicator displays the candle wick length in points in a separate chart window.

It has one configurable parameter:

Display methods:

Separated display method:
Wick length is displayed "as is":
Upper wick - upper wick length,
Lower wick - lower wick length
Separated, opposite wicks only:
- If the candle is bullish:
  Upper wick = 0
  Lower wick = lower wick length
- If the candle is bearish:
  Upper wick = upper wick length
  Lower wick = 0
Cumulative:
The 'Upper wick' buffer is named "Wick cumulative" and displays the sum of the upper and lower candle wick
The 'Lower wick' buffer is not displayed
Difference:
The 'Upper wick' buffer is named "Wick difference" and displays the difference between the candle's upper and lower candle
The 'Lower wick' buffer is not displayed