OPEN-SOURCE SCRIPT
Updated Naked Forex - Kangaroo Tail Indicator
Indicator which identfies a kangaroo tail as defined in the book naked forex
A kangaroo tail is defined as
- a candle where the body closes in the upper or lower third
- which has room to the left
A kangaroo tail is defined as
- a candle where the body closes in the upper or lower third
- which has room to the left
Release Notes
Updated to show both the Kangaroo Tail and Big Shadow candlesRelease Notes
changed the titleRelease Notes
Updated so a valid kangaroo tail is within previous candle rangeRelease Notes
update : range of kangaroo tail is greater then previous 2 candlesOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.