You can now download the Candle Wicks Length Display Indicator for free on AtoZ Markets indicators gallery.
This indicator shows the length of candle wicks in pips on your chart. You can set the minimum length to be displayed. The indicator supports alerts and works with both MT4 and MT5. If you use candle wicks to determine entry or exit signals for your trades, Candle Wicks Length Display will tell you about such candles and their exact length.
Description
- We have a display of the length of the candle wick.
- This is helpful so that you can see what candle wick lengths you have without having to open your case and take them all out, especially if you have a lot of candles in there.
Advantages
With the Candle Wicks Length Display Indicator, you can check the wick length and know for sure whether it’s too long or too short. This can help save time, money, labor and materials as well as help protect the environment from unnecessary waste.
Parameters
Parameters
The length of the candle wick can be displayed in millimeters, inches and centimeters. You can also choose to display the length in mms (1/1000th of a millimeter).
Try the Candle Wicks Length Display Indicator with a reputable broker on a free account:
How to trade with Candle Wicks Length Display Indicator
This image depicts the length for Meta Trader4 attached to the H1 chart of the EURUSD currency pair. It shows that long top candle wicks prevail in downtrends and short bottom wicks occur during uptrends.
How to download and install an indicator
In order to install the indicator on your MT4 or MT5 platform, you need to follow these steps:
Download the Candle Wicks Length Indicator from the link below, and save it to your computer. Extract the files and move them to your MT5>Indicators folder. Restart your Metatrader platform. Open Indicators and select the Candle Wicks Length template to apply it on your chart.
Note: This indicator was developed by a third party. AtoZ Markets does not carry any copyrights over this trading tool.
