MetaTrader 5 β€£ MT5 Scripts β€£ Script for Calculation of Candle Statistics – script MetaTrader 5

Script for Calculation of Candle Statistics – script MetaTrader 5

The script calculates candle statistics (the minimal, maximal and average values of candles body and shadows) of the current chart.

The calculated statistics is shown for 3 groups (bullish, bearish and all) of candles in the upper left corner of the chart.

The calculation interval depends on 5 first input parameters (the interval also can be selected with two vertical lines with names, defined in input parameters).

Candle statistics calculation script MQL5

How does it work:

  • If there isn’t any vertical lines (with names, defined by “start line” and “name finish line” inputs) and “bars for calculation”=0 – the start and finish dates are defined by values, specified in “date start” and “date finish” input parameters.
  • If chart contains the vertical lines with names, defined by “start line” and “name finish line” inputsΒ  and bars for calculation=0 – the start and finish dates are defined by values, depending on time properties of these vertical lines.
  • If bars for calculation > 0, it calculates the specified number of bars -1 (the current uncompleted bar is not used in calculations).
Alternative:   RVIWithFlat_HTF - indicator MetaTrader 5

*If chart contains only one line (“name start line” or “name finish line”), or start time> finish time or bars for calculation< 0 – the script does nothing and finish its work.

Other input parameters:

Candles statistics calculation script MQL5 input parameters

  • Digits, 4 or 5 (used in normalization and string formatting);
  • Colors of groups;
  • Font size;
  • Delete text labels from the chart (if true, the script only deletes the labels and does calculate nothing).

The code has comments.

Candles statistics calculation script in MQL5


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