Wick Ratio Candlesticks – indicator MetaTrader 5

Wick Ratio Candlesticks are recognized by its upper and lower wick ratio instead of open and close properties.

By default a snow candle appear when upper wick = lower wick

If upper wick > lower wick, it plots a bear candle

if upper wick < lower wick, it plots a bull candle

Colors can be customized from indicator settings.


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Alternative:   Chaos zone - indicator MetaTrader 5