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An indicator to display another timeframe on your chart, for example M15 chart with H4 candles, this indicator has been coded to work on the new MT4 you can also select the number of Candles to display.
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I have done an update to improve the usability of the indicator, it now has an automatic magic number which allows multiple displays plus different display options.
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Updated version on the first post
I have another small update which now allows the user to set the candles in the display in the standard order or reversed.
04/10/2014 : A small update to the shift code. This now gives the Candles when they are in the standard orientation the same shift points as when the Candles are reversed. Please download again.
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This indicator works great - I just checked it now:
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Indicator from premium section -
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CandleRangeInPips_v1 indicator for MT5 is on this post (premium section link). This is MTF indicator for metatrader 5 for estimating the candle range in pips in separate window of the chart.
Phoenix - indicator for MetaTrader 4
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Quote:
The Phoenix arrow indicator uses a combination of three indicators: Moving Average, Bolinger Bands and Momentum in combination with two powerful formulas based on the price behavior of the current chart.
The Phoenix indicator also implements a system of sound and text alerts, as well as sending messages to e-mail and SMS.
Please note that the original Phoenix dial indicator has a large number of settings. To get the best trading result, I recommend experimenting with the indicator settings for each currency pair and timeframe.
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more..Quote:
Using the DRAW_COLOR_CANDLES graphic style, color the candlesticks of the chart depending on the readings of the iCCI indicator (Commodity Channel Index, CCI).
Hi CJA trading tools
Thanks for the candle display nmc indicator. It's great.
One request.
Can you please add a customisable On/Off button for the candle display nmc.
It would be awesome and great.
Thanks.
Candles without shadows - indicator for MetaTrader 5
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Quote:
A candlestick chart without shadows is built in the subwindow.
does anyone have statistics of candle patterns and probabilities?
also your own back testing overviews and data can be accepted.
What am I asking for???
things like what are the probabilities of a reversal after a pin bar?
what are the probabilities that a candle will continue upward after two bullish candles?
and things like that.. really any statistic you have would be welcome.. I havent found any good studies online yet.
Thanks
