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Candle Display

This is a discussion on Candle Display within the Trading tools forums, part of the Trading Forum category; An indicator to display another timeframe on your chart, for example M15 chart with H4 candles, this indicator has been ...

      
   
  1. #1
    Junior Member cja's Avatar
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    Candle Display

    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.

    Candle Display nmc.ex4

    Candle Display-candles.png


    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.

    Candle Display v1 nmc.ex4

    Candle Display-candles.gif
    Last edited by cja; 10-02-2014 at 10:14 PM. Reason: Added new update
    newdigital, FHTrading and matfx like this.

  2. #2
    Junior Member cja's Avatar
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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.

    Candle Display v2a nmc.ex4

    Candle Display-candles5.png
    Last edited by cja; 10-04-2014 at 05:10 AM. Reason: Added updated indicator

  3. #3
    Administrator newdigital's Avatar
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    This indicator works great - I just checked it now:

    Candle Display-eurusd-h4-alpari-limited-2.png


    Candle Display-eurusd-h4-alpari-limited.png
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  4. #4
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    CandleRangeInPips indicator for MT5

    Indicator from premium section -

    Candle Display-candlerangeinpips121212.jpg


    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.
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  5. #5
    member mql5's Avatar
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    Phoenix

    Phoenix - indicator for MetaTrader 4

    Candle Display-phoenix.png


    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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  6. #6
    member mql5's Avatar
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    CCI Color Candles - indicator for MetaTrader 5

    Candle Display-eurusd-h1-just2trade-online-ltd.png


    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).
    more..
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  7. #7
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    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.

  8. #8
    member mql5's Avatar
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    Candles without shadows

    Candles without shadows - indicator for MetaTrader 5

    Candle Display-audusd-h1-acy-securities-pty.png


    Candle Display-audusd-h1-acy-securities-pty-2.png


    A candlestick chart without shadows is built in the subwindow.
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  9. #9
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    -

    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

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