I noticed that changing the colour of the wicks through TradingView settings changes the colours of both the top and bottom wicks. I also noticed that the thickness of wicks couldn't be changed either so they remained very hard to see when zoomed out of charts. Wicks have the potential to show zones where price rejects from - this is useful for identifying potential support and resistance zones.
I created an alternative solution to this problem by creating bodies for the wicks. It's recommended that you hide the wicks so it shows candles as bars split into 3 segments (top segment representing top wick; middle segment representing candle; bottom segment representing bottom wick). Colours are customizable. Also includes borders for the wick bodies.
Thank you for this awesome indicator. I am trying to get this to display only on inside bars candle but to no success. Please do you know how to code it to display only for inside bar candles?
vnhilton
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@RickLimkh, very late response but you would add a condition to plot where if the current candle’s range is inside the previous candle’s range i.e. current high < previous high AND current low > previous low. If conditions aren’t met, then plot na
ks1267
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Hi, will the long blue bar appear too? I open the indicator on my tradingview but I do not see the blue bar.
vnhilton
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@ks1267, Hi ks, could you please clarify? Are you referring to the long blue rectangle in the screenshot? If so, that is just a rectangle shape drawing for a demand zone.
Liquid-Mind
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Awesome tool. Thank you very much.
Time_Out_2021
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really cool thank you reminds me of bollinger bars thank you for writing and publishing this script and x100 for makeing it open src