Indecision indicator

4 630

More exclusive indicators from Trendoscope

Subscribe to Trendoscope® Pattern Suite for $69.99/month to get exclusive indicators by this author. You pay right on TradingView and can use them on your charts straight away.

Explore Trendoscope® Pattern Suite
Indecision is calculated based on ratio of wicks-body to full candle.
Similarly price rejection is calculated based on ratio of upper wicks to candle and lower wicks to candle.

In both cases sum of stats from last N candels are used to get smoother output. Coloring of indecision candle is based on two bollinger bands with different standard deviations. It can be set in input settings.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.