Indecision is calculated based on ratio of wicks-body to full candle.
Similarly price rejection is calculated based on ratio of upper wicks to candle and lower wicks to candle.
In both cases sum of stats from last N candels are used to get smoother output. Coloring of indecision candle is based on two bollinger bands with different standard deviations. It can be...
Abstract
This script finds the potential stop out or margin call price levels without considering timeframe.
This script computes stop out or margin call price levels that over leveraged positions buy cheap enough.
You can use this indicator to follow stop hunters.
Introduction
Stop hunting exists because of benefit conflict.
When most of retails traders are in...