Wick_Length - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
The Wick Length Indicator displays the candle wick length in points in a separate chart window.
It has a configurable parameter:
Display mode:
Figure 1. Wick Length, Method = Separation
Figure 2. Wick length, method = contralateral separation only
Figure 3. Wick length, method = cumulative
Figure 4. Wick length, method = difference
Attachment download
📎 wick_length.mq5 (10.42 KB)
Source: MQL5 #23008
Wick_Length - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Wick_Length - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. 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 only on titles or short-term profit descriptions.
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