Candles ‣ MetaTrader Trading Robots

Multi Timeframe Candles – indicator for MetaTrader 4

Author: Julien Loutre I always wanted to see more details in the candles: At which point of the candle did it reach the High? When did it reach the low? This script generate candles from a higher timeframe on top of your actual chart. Example: See H1 candles on top of your M5 chart. H4

Higher timeframe candles on your chart – indicator for MetaTrader 4

Author: Julien L ( I wanted to know the details of the candles. What’s happening in those H1 candles? By switching to a lower timeframe, you don’t have the same view, making it hard to understand what gives their shapes to the candles. So I’ve created this indicator, that draws candles from an higher timeframe

Candles Ratio – indicator for MetaTrader 4

PeriodCN – count compared candles. Candles Ratio – indicator for MetaTrader 4

CustomTimeframe Candles – indicator for MetaTrader 4

I saw lately a few trading system which require for example a 5 sec. This Indicator let you choose any time (in seconds) and generates candlesticks. Of course not real candlesticks are generated but i used histograms. actually they lookalike. Unfortunately this works only in forward mode. I recommand to make the main chart invisible,

Candles Smoothed HTF – indicator for MetaTrader 5

The indicator that displays “averaged” candlesticks of a larger timeframe at a smaller one. Smoothing transformation is applied to all elements of a price candlestick in this indicator: Open, Low, High and Close. The indicator provides a clear graphical representation of a current market trend. A color of a candlestick determines trend direction and its

Show Number Consecutive Heiken Ashi Candles – indicator for MetaTrader 4

Author: Daniel Frieling Many consecutive Heiken Ashi candles of the same color often indicate a soon and harsh trend reversal. This indicator shows the number of consecutive same color candles. So you can see overbought and oversold situation at first glance. Recommendations: This Indicator depends on a Heiken Ashi Indicator. Use the attached Heiken Ashi

X2MA Transform Candles – indicator for MetaTrader 5

The indicator transfers the price data to the new coordinates system associated with X2MA indicator values. The distance from High, Low, Open and Close source candlestick to X2MA moving average is used in the indicator for candlesticks parameters. As a result, we have a candlestick chart altered by X2MA transformation allowing to perform all elements

Change the color of the candles – indicator for MetaTrader 5

The Indicator that allows modifying color of the candles . We can set time for change color of candles. Input Parameters: Start_Day – Start Day of the weeks Start_Hour – Start Hour of the Days Start_Minute – Start Minute of the Hours End_Day – End Day of the weeks End_Hour – End Hour of the

MPC – Measure Popular Candles – script for MetaTrader 5

The idea of creating the script I want to introduce you a small script “MPC – Measure Popular Candles” which measures (searches) the most frequently occurring candlesticks. This script visually displays the scale using the previously set parameters. This script displays the frequency of candlesticks which have different size of bodies and shadows. The idea

Kijun Sen Candles Two Colors – indicator for MetaTrader 4

Kijun Sen Candles Two Colors: Also available for MT5This Indicator draws different colored candles above and below a Kijun Sen (KS) line. The user is required to ensure that the Kijun Sen period on both the present Indicator and the user provided Kijun Sen match each other exactly. This indicator has been updated to automatically