OPEN-SOURCE SCRIPT
Aktualisiert Wick Bias - by TenAMTrader
Wick Bias - by TenAMTrader
Wick Bias helps traders quickly visualize market pressure by analyzing candle wicks and bodies over a user-defined number of bars. By comparing top and bottom wicks, the indicator identifies whether buying or selling pressure has been dominant, providing a clear Indicator Bias signal (Bullish, Bearish, or Neutral).
Key Features:
Shows Top Wicks %, Bottom Wicks %, and optional Body % for recent candles.
Highlights Indicator Bias to indicate short-term market trends.
Fully customizable colors for table rows and bias labels.
Option to show or hide body percentage.
Alerts trigger on bias flips, with optional on-chart labels.
Table can be placed in any chart corner.
Updates in real-time with each new bar.
Recommended Use:
Ideal for intraday and swing traders looking for a quick visual cue of short-term market momentum.
Can be combined with other technical analysis tools to confirm trade setups or potential reversals.
Disclaimer / Legal Notice:
This indicator is for educational and informational purposes only. It is not financial advice and should not be used as the sole basis for trading decisions. Past performance does not guarantee future results. Users are responsible for their own trades. The developer is not liable for any losses or damages resulting from the use of this indicator.
Wick Bias helps traders quickly visualize market pressure by analyzing candle wicks and bodies over a user-defined number of bars. By comparing top and bottom wicks, the indicator identifies whether buying or selling pressure has been dominant, providing a clear Indicator Bias signal (Bullish, Bearish, or Neutral).
Key Features:
Shows Top Wicks %, Bottom Wicks %, and optional Body % for recent candles.
Highlights Indicator Bias to indicate short-term market trends.
Fully customizable colors for table rows and bias labels.
Option to show or hide body percentage.
Alerts trigger on bias flips, with optional on-chart labels.
Table can be placed in any chart corner.
Updates in real-time with each new bar.
Recommended Use:
Ideal for intraday and swing traders looking for a quick visual cue of short-term market momentum.
Can be combined with other technical analysis tools to confirm trade setups or potential reversals.
Disclaimer / Legal Notice:
This indicator is for educational and informational purposes only. It is not financial advice and should not be used as the sole basis for trading decisions. Past performance does not guarantee future results. Users are responsible for their own trades. The developer is not liable for any losses or damages resulting from the use of this indicator.
Versionshinweise
Wick Bias - by TenAMTraderWick Bias helps traders quickly visualize market pressure by analyzing candle wicks and bodies over a user-defined number of bars. By comparing top and bottom wicks, the indicator identifies whether buying or selling pressure has been dominant, providing a clear Indicator Bias signal (Bullish, Bearish, or Neutral).
Key Features:
Shows Top Wicks %, Bottom Wicks %, and optional Body % for recent candles.
Highlights Indicator Bias to indicate short-term market trends.
Fully customizable colors for table rows and bias labels.
Option to show or hide body percentage.
Alerts trigger on bias flips, with optional on-chart labels.
Table can be placed in any chart corner.
Updates in real-time with each new bar.
Recommended Use:
Ideal for intraday and swing traders looking for a quick visual cue of short-term market momentum.
Can be combined with other technical analysis tools to confirm trade setups or potential reversals.
Disclaimer / Legal Notice:
This indicator is for educational and informational purposes only. It is not financial advice and should not be used as the sole basis for trading decisions. Past performance does not guarantee future results. Users are responsible for their own trades. The developer is not liable for any losses or damages resulting from the use of this indicator.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.