How to compare the body with tail

• 10/25/2018 at 1:09 AM #83481
  Hiraokii

  hi guys, I am a beginner and I am having problems to compare the body of a candle with the tail. Can I have some help ? Thanks

  

  Hiraokii

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  10/25/2018 at 1:30 AM #83483
  robertogozzi

  This piece of code tears a bar apart in Body, UpperTail and LowerTail:

  Body = abs(close - open) UpperTail = high - max(open,close) LowerTail = min(open,close) - low

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  Body      = abs(close - open) UpperTail = high - max(open,close) LowerTail = min(open,close) - low

  You can then compare them as you want, with range for instance:

  IF Body >= (Range * 0.7) THEN //you may want to take actions only when a candle's body is at least 70% of the candle's range . . ENDIF

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  IF Body >= (Range * 0.7) THEN   //you may want to take actions only when a candle's body is at least 70% of the candle's range   .   . ENDIF

   

  

  robertogozzi

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  10/25/2018 at 3:28 AM #83484
  Hiraokii

  Thanks brother

  

  Hiraokii

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