Candle Wick Length Display Indicator MT4 - MetaTrader 4 Script | Forex Indicator Download - MetaTrader 4 Resources
Candlewick Length Display MetaTrader indicator is an indicator that displays the candle wick length in points directly on the chart. You can set the minimum length to display. Alternatively, it can display wick lengths less than a given limit. The indicator supports various alerts and is available for MT4 and MT5.
If your trading system uses candlestick shadows, and if really long shadows are important in determining an entry or exit signal for a trade, the Candlestick Shadow Length Display Indicator is an essential tool that can inform you of the exact length of such candles and their shadows.
Attachment download
📎 candlewicksdisplay.mq4 (18.92 KB)
Source: MQL5 #55362
Candle Wick Length Display Indicator MT4 - MetaTrader 4 Script | Forex Indicator Download - MetaTrader 4 Resource Usage and Screening Suggestions
Candle Wick Length Display Indicator MT4 - MetaTrader 4 Script | Forex Indicator Download - MetaTrader 4 resources are related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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