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Shadow Height Comparison

Shadow Height Comparison

$0.00

Adjustable Parameters: ShortPeriod | LongPeriod

 

Description

Description: This indicator compares the height of candle shadows based on short and long periods. It utilizes the heights of the upper shadow and lower shadow to illustrate market changes. “Buy” and “Sell” signals are displayed on the chart based on the comparison of shadow heights in short and long periods.

Parameters:

  • Short Period: Short period for comparison (Default: 10)
  • Long Period: Long period for comparison (Default: 50)

How to Use:

  • A “Buy” signal appears when the indicator value is positive.
  • A “Sell” signal appears when the indicator value is negative.

Additional information

parameter

ShortPeriod, LongPeriod

Best results

forex, crypto

free

free

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