View Download Details
futures io

Categories Help    

Wicks & Tails 4 *
I've been a fan of Better Renko bars for several years now and was looking for a way to identify when a Wick or a Tail on a Better Renko bar was larger than the setting I had chosen.

Eg., Using a 4 Better Renko bar setting on the ES and looking for Wicks or Tails that were 5 ticks or greater.

This little indicator will do that for you. It simply draws an Arrow symbol above or below the corresponding Wick or Tail.

When I trade the NQ I prefer a 3 Better Renko bar, I use the irWicksandTails indicator to highlight 4 tick Wicks or Tails.

I don't use them for trade entries, I just note when they start to show up and rely on their presence to help me discern a "short term" trend bias.

This indicator is for NT-8, and was compiled with Version 64 Bit

Category NinjaTrader 8 Indicators and More 
Suggest other entries I might like
Details: Wicks & Tails
Category: NinjaTrader 8 Indicators and More 

May 8th, 2019
Size: 3.55 KB
Downloaded: 711 times

Keywords: bias candlestick patterns tails trend wicks
4 * 4tison September 16th, 2019 03:16 PM
No Comment
4 * 4tison September 16th, 2019 03:20 PM
Good idea and concept

Whence do the arrows appear?

Two-bar behind?

Three-bar behind?


Will try it out soon.

Sort by


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.