This indicator is based on my TSI shadow previously published
This custom version will also color the candles based on the TSI shadow trend
Bullish condition = TSI > MA2 and MA1> MA2
Bearish condition = TSI < MA1 and MA1 < MA2
I made alerts available for this indicator so you can set them on your...
highlights large wicks in a single candle based on input value
from open/close to high/low (whichever applicable)
used to find stop-hunt patterns for forex market-maker manipulation!
enjoy.... j.tate 03.07.2018
default built for EUR/USD H1... change input for JPY pairs.
// Bollinger Blue Shadows
// Plots Low High Shadow as Column
// Inpired by Bollinger Candlesticks
// General purpose script
// How to Use it
// Add to Favorite Scripts
// Inside chart window right-click
// Select Insert Indicator -> Favorites -> Script Name
// author: Gerasimos Makis Mouzakitis
// created: 02 Oct 2015 14:37 (UTC)
// updated: 02 Oct 2015 15:28...
v1 Big Shadow candles based on "How Naked Trading Works" video by Walter Peters: https://youtu created by AlistarElvis
v2 Bugfix calculation largest candle, added parameter for alternative calculation largest candle