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2708
ValLiant
I've been a fan of Better Renko bars for several years now and was looking for a way to identify when a Wick or a Tail on a Better Renko bar was larger than the setting I had chosen.
Eg., Using a 4 Better Renko bar setting on the ES and looking for Wicks or Tails that were 5 ticks or greater.
This little indicator will do that for you. It simply draws an Arrow symbol above or below the corresponding Wick or Tail.
When I trade the NQ I prefer a 3 Better Renko bar, I use the irWicksandTails indicator to highlight 4 tick Wicks or Tails.
I don't use them for trade entries, I just note when they start to show up and rely on their presence to help me discern a "short term" trend bias.
This indicator is for NT-8, and was compiled with Version 8.0.17.2 64 Bit
As the name implies, this NT-8 indicator looks for Inside Bars and then simply paints an all white bar on your candle stick or OHLC bar chart, (it works on Hollow Candlestick charts also).
If the bar is an Inside Bar and is also a Doji (Open[0] == Close[0]) the indicator will paint a diamond on the close of the bar to highlight the Doji for you.
You might have to change the default color choices if you're using lighter colored chart backgrounds.
Indicator will color the candlestick outlines and the candle bodies, one color regardless of the direction they close in (up or down). The indicator is set to calculate on bar close. (no need for it to be anything else)
This is a modification to the existing candlestick pattern indicator included with NT 8. Their version only allows for selecting one pattern at a time. This version allows you to select all or each one individually. Otherwise it operates the same as the old version.
To allow each type to be selected, uncheck the box that says "Find_All" then check the boxes you want the indicator to find.
If you leave the check box "Find_All" checked it will find all regardless of how you have the others set.
I have a decent computer and I notice a little lag when "Find_All" is selected. Use with caution.
July 10th, 2025 06:43 PM BBAbility Thank you for this whoever you are.
January 14th, 2022 10:03 AM Maxie Hello @TradingOgre
a great indicator, I've been using it for a long time and wanted to say thanks here too. How it with the alarm, how is i
t displayed- with a sound? (that would be wonderful)
July 20th, 2021 05:44 PM TraderGB Very nice indicator TradingOrge! I needed to find a certain pattern and, before deciding to program it, I looked on the
forum and found yours. You saved me a ton of time. Thanks Again!
November 22nd, 2020 05:58 AM NgoLimit Thank You!
July 16th, 2019 04:13 PM alessk nice indicator. thanks