Big Candle filter - add WICK SIZE

Avatar

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