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OPEN-SOURCE SCRIPT

Wick Percentages

By ozzy_livin
Updated
Calculates the percentage of the upper and lower wick on each candle. Wicks with a percent that are higher than a set percentage (Default is 60%) are assigned a color (upper = red 🔴) and (lower = green 🟢)
Release Notes
Updated arrow styles
Release Notes
Allow user to only show wick percentages above a predefined target. User can adjust target within indicator settings.
Release Notes
Updated copyright
Candlestick analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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