Candlestick Wick Imbalance

Candlestick Wick Imbalance MT5 indicator for multiple cycles. The indicator helps to identify potential trading opportunities in different time frames.

Comparison between upper wick and lower wick of a candle to find imbalance and plots an wingding

User can define the multiplication in input field e.g. value of 2 means if upper wick is 2x of lower wick or if lower wick is 2x of upper wick then it plots a wingding on that side which wick area is greater than other wick area.

How to install Candlestick Wick Imbalance Indicator in MetaTrader 5 Forex Trading Platform?

• Extract the downloaded Candlestick Wick Imbalance Indicator.zip file.
• In the MetaTrader 5 trading platform, go to the “File” menu and click “Open Data Folder”.
• Navigate to the MQL5 folder and open the Indicators folder.
• Paste the Candlestick Wick Imbalance Indicator.ex5 file(s) into the Indicators folder.
• Restart the MetaTrader 5 platform.