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Hello,
I have been looking for a while now for an indicator but nothing I've downloaded has been a good fit.
I need this indicator to highlight (with an arrow or colourful shape) any long wick candles with a body (and if it has one, a nose) that takes up no more than 33.3333% of the entire candle. Similar to hammer/hangman, shooting star, dragonfly, gravestone candles.
The MOST important aspect of this indicator is that it must pick up every single candle with a "tail" ratio that equals double or higher the size of the body and upper wick combined.
This is regardless of location or trend direction.
I plan to use this indicator on the hourly timeframe. Also, if it's possible, having the option to change the alert sound in settings is a big plus.
Big thanks to anyone who can make this possible!
Kind regards,
Holly
P.S
Below I have attached an image of a candle on my chart overlaid with a customised Fib. Here it's clear to see that both the candle body and the tiny nose are both well within the 33.3333% perimeter. I would love an indicator that is just as accurate and will pick out the candles that are even slightly too large to meet the requirements (eg. a body and nose that equals 34% of total candle.).
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