OPEN-SOURCE SCRIPT

Wick Reversal Spotter

Calculates the average body to wick highs and body to wick lows over a period and highlights bars above the filter line

Can be filtered further by requiring a bullish close for a long bottom wick / bearish close long top wick

Amplitude of filter line can be adjusted

Two bar reversal mode highlights a continuation bar close in the opposing direction of the previous bars wick
Trend Analysis

Skript med en öppen källkod

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. Du kan ange den som favorit för att använda den i ett diagram.

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