Tail / Body Ratio

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Tail / Body Ratio

Postby Apprentice » Wed Aug 29, 2012 11:05 am

Tai  Body Ratio.png

This indicator will give a signal in the two cases.
1) Candlestick wick / tail is greater than candle body.
(Body* Multiplier) < Tail
2) Candlestick wick / tail is greater than the rest of the candle.
( (Body+ Opposite Tail) * Multiplier) < Tail
Which algorithm will be used is user choose.
TB Ratio.lua
(3.01 KiB) Downloaded 901 times

TB Ratio with Alert.lua
(9.59 KiB) Downloaded 602 times

This indicator provides Audio / Email Alerts if An arrow appears.
Dec 10, 2015: Compatibility issue Fix. _Alert helper is not longer needed.
The indicator was revised and updated
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Re: Tail / Body Ratio

Postby glenville » Tue Sep 03, 2013 11:24 am

Hi please add sound, and (buy , sell, or both)
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Re: Tail / Body Ratio

Postby glenville » Wed Sep 04, 2013 7:16 am

HI please also add completed candles, and show message
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Re: Tail / Body Ratio

Postby Apprentice » Thu Sep 05, 2013 1:58 am

Your request is added to the development list.
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Re: Tail / Body Ratio

Postby Alexander.Gettinger » Thu Sep 26, 2013 11:49 am

MQL4 version of indicator: viewtopic.php?f=38&t=59588&p=89720#p89720.
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Re: Tail / Body Ratio

Postby bluegreen » Tue Feb 04, 2014 3:52 am

excellent indicator, thanks Apprentice, can we have the audio alerts please?
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Re: Tail / Body Ratio

Postby Apprentice » Tue Feb 04, 2014 5:35 am

TB Ratio with Alert Added.
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