Should I consider the divergence from the wick?

[lucacrebbe]

In the pic I have simulated a divergence with an indicator (the blue line oscillating)
the black and the green lines show the degree of the divergence between oscillator (on balance volume) and price

Question is: am I doing good drawning the black and the green line from the wicks of the candles, or I shouldn't consider the wicks?

https://i.ibb.co/Tc8Cp15/divegenz.png

 

[Enivid]

If you are using OBV (On Balance Volume), you should be considering the wicks in my opinion. Because OBV is generated from the volume, including the one generated at wick prices.

I would only avoid counting wicks if your divergence indicator is based purely on Close price - like the classic RSI for example. Then, I would just ditch the candles and draw the line (Close) chart.