Category Trend  Published on 27/12/2023

drkhashix Shadow Height Comparison

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Description

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Indicator Name: Shadow Height Comparison

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.

The author decided to hide the source code.
drkhashix's avatar
drkhashix

Joined on 12.02.2023

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: DRKHASHIXShadowPower (2) (2).algo
  • Rating: 5
  • Installs: 451
  • Modified: 27/12/2023 11:55
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