Dreadblitz

Long Tail Candle by Oliver Velez

This script detects an event created by Oliver Velez, it is a wide-range candle with a small body and a long tail (hammer-type candle), its range is noticeably larger than previous candles, as a rule it can be taken that the body should be maximum of 30% of the total range of the candle with a long tail. The stop goes under the tail and the signal is given when the next candle followed by the long tail candle exceeds its body, do not program this condition so that the alert indicates that a long tail candle was generated and the trader has some Time to visualize the graph and wait for the signal.

The default configuration is very basic, each trader must adjust to their needs.

- Trend filters can be activated.
- Alerts available.



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Thank you ve rymuch for the script. Tried google translate to English, but not getting meaningfull result. eg( DIRECCION MEDIA LENTA BAJISTA - LOW SLOW HALF ADDRESS). is there any other way that give more good traslation?
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Dreadblitz santhoshkcr
@santhoshkcr, Hello, unfortunately my English is very bad, so sometimes the scripts are in Spanish, just have some free time I will try to translate it as best as possible, regards
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Good Work Sir :)
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Dreadblitz syrinxflunki
@syrinxflunki, thank you very much greetings
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