Lglwick - Lower candle wick is relatively large

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LGLWICK

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Indicator	Usage	Description	Example
lglwick	(lglwick[n]) , where n is a positive integer >= 0 and represents the number of days ago the result is computed (n=0 is the default value and represents the current end of day, n=1 is the previous end of day, etc.)	Returns a 1 (logical TRUE) if day n candlestick has a large lower wick and a 0 (false) if day n candlestick does not have a large lower wick.	(lglwick[0])

Introduction:

The 'lglwick' indicator is used in indicator formula construction to narrow the stock pre-screener results to include only those stocks that have a candlestick with a large lower wick.

Example:

The chart of Intel (INTC) below highlights candlesticks with large lower wicks.

INDICATORS IN OUR DATABASE THAT INCLUDE THE LGLWICK INDICATOR...

Click here to view all indicators that include the indicator 'lglwick' (sorted by AISCORE)

(lglwick[0])

AISCORE: 1714

Indicator ID: 070521074713

(white[0]) and (smbody[0]) and (lglwick[0]) and (smuwick[0])

AISCORE: 1713

Indicator ID: 070521114953

(white[0]) and (smbody[0]) and (lglwick[0])

AISCORE: 1444

Indicator ID: 070521130821

(black[0]) and (smbody[0]) and (lglwick[0])

AISCORE: 1607

Indicator ID: 070521131231

(white[0]) and (lglwick[0]) and (black[1]) and (smlwick[1])

AISCORE: 3740

Indicator ID: 070521134547

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