Big Candle filter - add WICK SIZE
Big Candle filter doesn't discriminate against candles with thick bars, representing strong price action, vs candle with 95% wick / tiny bar, representing unstable price action...
Add to Big Candle filter 'Max top wick' and 'Max bottom wick' -
Top being direction of movement, e.g.
Green candle -> Top = High, Bottom = Low
Red candle -> Top = Low, Bottom= High
Values can be expressed in points, but makes more sense to do as a percentage of bar size, as this is variable
E.g.
Big candle min size = 20points
Big candle max size = 30points
Max top wick% = 15
Max bottom wick% = 5
Cheers,
James