Indicator that shows Candlesticks with Wicks greater than 50%

[jzag456]

Hey guys,
So far I don´t know anything about developing Indicators, but for my trading approach it would be helpful to use a indicator, which shows me candles with a wick that is greater than 50% of the candlesticks range.
Long Signal: ( High - Low / Wick Down ) = > 0.5
Short Signal: ( High - Low / Wick Up ) = > 0.5
Of course I am not trading all these signals, but it might be helpful not having to take a accurate look at the candle. If anybody knows such a candle profile indeicator or knows how to develop it, pls help me.
P.S. I´m german, so don´t judge me by english skills.

[NinjaTraderEcosystem_Wesley]

Hello jzag456,

I'd like to recommend you check out our list of NinjaTrader Ecosystem NinjaScript Consultant partners. These programmers create custom indicators, strategies and add-ons for NinjaTrader and would likely be able to help you achieve your goals.

http://ninjatraderecosystem.com/Partners/Consultants.php#81

Please send me an email if you'd like me to make an introduction to any of these companies on your behalf. You can reach me at info[at]ninjatraderecosystem[dot]com

[price777999]

hi , i'm looking for the same thing , did you find it ? cheers

[giggitycapital]

you can get the equation/math from the code of the Candle Pattern indicator (under Hammer and Inverted Hammer).

[jzag456]

The hammer pattern is not what we were looking for.
I am now using the following as a condition in ninjascript
&& CandleQuarters(30006).BarCenter[0] <= Close[0]
&& CandleQuarters(30006).BarCenter[0] <= Open[0]

[BigRo]

I did that for you really quickly. Let me know if somethings not the way you want it to be.

[giggitycapital]

guy, you can tweak the formulas found in the Candle Stick Patterns ninja indicator, which is what I did, to get a long wick signal. if you understand the formulas, which is required in order to tweak, all you need is in that indicator.