PROTECTED SOURCE SCRIPT
Wick Sentiment & Stop Hunts
Updated
Takes the length of the wicks on the tops and bottoms of each candle and plots them on their own to reduce the noise and to give an idea of whether the bulls or bears are being more insistent about direction.
It also highlights the more aggressive wicks in black, which can be used to identify stop hunting if used in conjunction with support/resistance levels.
It also highlights the more aggressive wicks in black, which can be used to identify stop hunting if used in conjunction with support/resistance levels.
Release Notes
Added alertsRelease Notes
Add candle colouringRelease Notes
Added a standard deviation lookback input and gave meaningful titles to the outputs, which can be viewed in the Data Window on the right, with thanks to RokasFx for the suggestionsProtected script
This script is published closed-source and you may privately use it freely.
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