//@version=5

indicator("WICK - Bullish", shorttitle = "Long Lower Shadow - Bull", overlay=true)

C_Len = 14 // ta.ema depth for bodyAvg
C_ShadowPercent = 5.0 // size of shadows
C_ShadowEqualsPercent = 100.0
C_DojiBodyPercent = 5.0
C_Factor = 2.0 // shows the number of times the shadow dominates the candlestick
body

C_BodyHi = math.max(close, open)

C_BodyLo = math.min(close, open)
C_Body = C_BodyHi - C_BodyLo
C_BodyAvg = ta.ema(C_Body, C_Len)
C_SmallBody = C_Body < C_BodyAvg
C_LongBody = C_Body > C_BodyAvg
C_UpShadow = high - C_BodyHi
C_DnShadow = C_BodyLo - low
C_HasUpShadow = C_UpShadow > C_ShadowPercent / 100 * C_Body
C_HasDnShadow = C_DnShadow > C_ShadowPercent / 100 * C_Body
C_WhiteBody = open < close
C_BlackBody = open > close
C_Range = high-low
C_IsInsideBar = C_BodyHi[1] > C_BodyHi and C_BodyLo[1] < C_BodyLo
C_BodyMiddle = C_Body / 2 + C_BodyLo
C_ShadowEquals = C_UpShadow == C_DnShadow or (math.abs(C_UpShadow - C_DnShadow) /
C_DnShadow * 100) < C_ShadowEqualsPercent and (math.abs(C_DnShadow - C_UpShadow) /
C_UpShadow * 100) < C_ShadowEqualsPercent
C_IsDojiBody = C_Range > 0 and C_Body <= C_Range * C_DojiBodyPercent / 100
C_Doji = C_IsDojiBody and C_ShadowEquals

patternLabelPosLow = low - (ta.atr(30) * 0.6)

patternLabelPosHigh = high + (ta.atr(30) * 0.6)

label_color_bullish = input(color.blue, "Label Color Bullish")

C_LongLowerShadowBullishNumberOfCandles = 1
C_LongLowerShadowPercent = 75.0
C_LongLowerShadowBullish = C_DnShadow > C_Range/100*C_LongLowerShadowPercent
alertcondition(C_LongLowerShadowBullish, title = "New pattern detected", message =
"New Long Lower Shadow � Bullish pattern detected")
if C_LongLowerShadowBullish
var ttBullishLongLowerShadow = "Long Lower Shadow\nTo indicate seller
domination of the first part of a session, candlesticks will present with long
lower shadows and short upper shadows, consequently lowering prices."
label.new(bar_index, patternLabelPosLow, text="LowerWick",
style=label.style_label_up, color = label_color_bullish, textcolor=color.white,
tooltip = ttBullishLongLowerShadow)
bgcolor(ta.highest(C_LongLowerShadowBullish?1:0,
C_LongLowerShadowBullishNumberOfCandles)!=0 ? color.new(color.blue, 90) : na,
offset=-(C_LongLowerShadowBullishNumberOfCandles-1))

label_color_bearish = input(color.red, "Label Color Bearish")

C_LongUpperShadowBearishNumberOfCandles = 1
C_LongShadowPercent = 75.0
C_LongUpperShadowBearish = C_UpShadow > C_Range/100*C_LongShadowPercent
alertcondition(C_LongUpperShadowBearish, title = "New pattern detected", message =
"New Long Upper Shadow � Bearish pattern detected")
if C_LongUpperShadowBearish
var ttBearishLongUpperShadow = "Long Upper Shadow\nTo indicate buyer domination
of the first part of a session, candlesticks will present with long upper shadows,
as well as short lower shadows, consequently raising bidding prices."
label.new(bar_index, patternLabelPosHigh, text="HigherWick",
style=label.style_label_down, color = label_color_bearish, textcolor=color.white,
tooltip = ttBearishLongUpperShadow)
bgcolor(ta.highest(C_LongUpperShadowBearish?1:0,
C_LongUpperShadowBearishNumberOfCandles)!=0 ? color.new(color.red, 90) : na,
offset=-(C_LongUpperShadowBearishNumberOfCandles-1))

hideonDWM = input(false, title="Hide VWAP on 1D or Above", group="VWAP Settings")

var anchor = input.string(defval = "Session", title="Anchor Period",
options=["Session", "Week", "Month", "Quarter", "Year", "Decade", "Century",
"Earnings", "Dividends", "Splits"], group="VWAP Settings")
src = input(title = "Source", defval = hlc3, group="VWAP Settings")
offset = input.int(0, title="Offset", group="VWAP Settings", minval=0)

BANDS_GROUP = "Bands Settings"

CALC_MODE_TOOLTIP = "Determines the units used to calculate the distance of the
bands. When 'Percentage' is selected, a multiplier of 1 means 1%."
calcModeInput = input.string("Standard Deviation", "Bands Calculation Mode",
options = ["Standard Deviation", "Percentage"], group = BANDS_GROUP, tooltip =
CALC_MODE_TOOLTIP)
showBand_1 = input(true, title = "", group = BANDS_GROUP, inline = "band_1")
bandMult_1 = input.float(1.0, title = "Bands Multiplier #1", group = BANDS_GROUP,
inline = "band_1", step = 0.5, minval=0)
showBand_2 = input(false, title = "", group = BANDS_GROUP, inline = "band_2")
bandMult_2 = input.float(2.0, title = "Bands Multiplier #2", group = BANDS_GROUP,
inline = "band_2", step = 0.5, minval=0)
showBand_3 = input(false, title = "", group = BANDS_GROUP, inline = "band_3")
bandMult_3 = input.float(3.0, title = "Bands Multiplier #3", group = BANDS_GROUP,
inline = "band_3", step = 0.5, minval=0)

if barstate.islast and ta.cum(volume) == 0

runtime.error("No volume is provided by the data vendor.")

new_earnings = request.earnings(syminfo.tickerid, earnings.actual,

barmerge.gaps_on, barmerge.lookahead_on, ignore_invalid_symbol=true)
new_dividends = request.dividends(syminfo.tickerid, dividends.gross,
barmerge.gaps_on, barmerge.lookahead_on, ignore_invalid_symbol=true)
new_split = request.splits(syminfo.tickerid, splits.denominator, barmerge.gaps_on,
barmerge.lookahead_on, ignore_invalid_symbol=true)

isNewPeriod = switch anchor

"Earnings" => not na(new_earnings)
"Dividends" => not na(new_dividends)
"Splits" => not na(new_split)
"Session" => timeframe.change("D")
"Week" => timeframe.change("W")
"Month" => timeframe.change("M")
"Quarter" => timeframe.change("3M")
"Year" => timeframe.change("12M")
"Decade" => timeframe.change("12M") and year % 10 == 0
"Century" => timeframe.change("12M") and year % 100 == 0
=> false

isEsdAnchor = anchor == "Earnings" or anchor == "Dividends" or anchor == "Splits"

if na(src[1]) and not isEsdAnchor
isNewPeriod := true

float vwapValue = na
float upperBandValue1 = na
float lowerBandValue1 = na
float upperBandValue2 = na
float lowerBandValue2 = na
float upperBandValue3 = na
float lowerBandValue3 = na

if not (hideonDWM and timeframe.isdwm)

[_vwap, _stdevUpper, _] = ta.vwap(src, isNewPeriod, 1)
vwapValue := _vwap
stdevAbs = _stdevUpper - _vwap
bandBasis = calcModeInput == "Standard Deviation" ? stdevAbs : _vwap * 0.01
upperBandValue1 := _vwap + bandBasis * bandMult_1
lowerBandValue1 := _vwap - bandBasis * bandMult_1
upperBandValue2 := _vwap + bandBasis * bandMult_2
lowerBandValue2 := _vwap - bandBasis * bandMult_2
upperBandValue3 := _vwap + bandBasis * bandMult_3
lowerBandValue3 := _vwap - bandBasis * bandMult_3

plot(vwapValue, title="VWAP", color=#2962FF, offset=offset)

upperBand_1 = plot(upperBandValue1, title="Upper Band #1", color=color.green,

offset=offset, display = showBand_1 ? display.all : display.none)
lowerBand_1 = plot(lowerBandValue1, title="Lower Band #1", color=color.green,
offset=offset, display = showBand_1 ? display.all : display.none)
fill(upperBand_1, lowerBand_1, title="Bands Fill #1", color= color.new(color.green,
95) , display = showBand_1 ? display.all : display.none)

upperBand_2 = plot(upperBandValue2, title="Upper Band #2", color=color.olive,

offset=offset, display = showBand_2 ? display.all : display.none)
lowerBand_2 = plot(lowerBandValue2, title="Lower Band #2", color=color.olive,
offset=offset, display = showBand_2 ? display.all : display.none)
fill(upperBand_2, lowerBand_2, title="Bands Fill #2", color= color.new(color.olive,
95) , display = showBand_2 ? display.all : display.none)

upperBand_3 = plot(upperBandValue3, title="Upper Band #3", color=color.teal,

offset=offset, display = showBand_3 ? display.all : display.none)
lowerBand_3 = plot(lowerBandValue3, title="Lower Band #3", color=color.teal,
offset=offset, display = showBand_3 ? display.all : display.none)
fill(upperBand_3, lowerBand_3, title="Bands Fill #3", color= color.new(color.teal,
95) , display = showBand_3 ? display.all : display.none)