Calculate wicks percent of the body

• 06/22/2020 at 8:05 PM #136828
  Sprattelgubbe

  Hi,

  I would like to calculate the wicks percent and if it is below 15 percent of the body (close – open in an upward market) I would like an upward arrow to print.

  Example: Body is 100 points and the wick is 13 points then I would the arrow to print at the close of the bar.  If the wick is 16, then no print of arrow

  I know how to print the arrow, its just the calculation that is my issue. It would be nice if the 15 percent could be a variable so I can easily change that number, for testing.

  

  Sprattelgubbe

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  06/22/2020 at 9:23 PM #136834
  robertogozzi

  There you go, when x = 1 then it’s < PerCent:

  PerCent = 15 Bullish = close > open Body = close - open Wicks = range - Body x = 0 If Wicks < (Body * PerCent / 100) Then x = 1 Endif

  1 2 3 4 5 6 7 8

  PerCent = 15 Bullish = close > open Body    = close - open Wicks   = range - Body x       = 0 If Wicks < (Body * PerCent / 100) Then    x = 1 Endif

   

  

  robertogozzi

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  06/22/2020 at 9:51 PM #136837
  Sprattelgubbe

  Thank you for your quick reply.

  But I get an error massage that “This variables is not used in the code” for both Bullish and x.

  I´m on version 10.3

  

  Sprattelgubbe

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  06/22/2020 at 9:55 PM #136839
  robertogozzi

  You can remove line 2 to get rid of BULLISH, which is actually not used.

  As to X it’s up to you using it according to what you want to do.

  If you just want to plot signals then you’ll have to add, at the end:

  RETURN x

  1

  RETURN x

   

  

  robertogozzi

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  06/22/2020 at 10:04 PM #136840
  Sprattelgubbe

  Now it works great!!

  Thank you very much.

  

  Sprattelgubbe

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