scarf

Wick Sentiment & Stop Hunts

scarf Wizard Updated   
Takes the length of the wicks on the tops and bottoms of each candle and plots them on their own to reduce the noise and to give an idea of whether the bulls or bears are being more insistent about direction.

It also highlights the more aggressive wicks in black, which can be used to identify stop hunting if used in conjunction with support/resistance levels.
Release Notes:
Added alerts
Release Notes:
Add candle colouring
Release Notes:
Added a standard deviation lookback input and gave meaningful titles to the outputs, which can be viewed in the Data Window on the right, with thanks to @RokasFx for the suggestions

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?