Wick Range

[DoQtorNo]

im trying to create a script that measures BOTH the upper and lower wick on current bar.. whether bull or bear candle.

EDIT: i tried to piece together some other code i know im missing something


def Bull =
Close > Open and
Open - Low > High - Open;
def Bear =
Close < Open and
High - Open > Open - Low;

plot Lowerwick = low - open;
plot Upperwick = high - close;
addlabel(1, "up tail: " + upperwick, color.cyan);
addlabel(1, "low tail: " + lowerwick, color.cyan);

 

[rad14733]

@DoQtorNo What you have described cannot be coded in Thinkscript... We are constrained by the limitations of the Thinkorswim platform and the Thinkscript language... There is no way to create a data box that appears on-Hover... AddLabel() and AddChartBubble() are your only options...

 

[mashume]

I put this one together some years back. you're welcome to take a look and see what it does for you.

https://usethinkscript.com/threads/candle-wick-sentiment-indicator-for-thinkorswim.1545/

-mashume