CustomCandle MetaTrader 4 Forex Indicator,draws candlesticks of a bigger and, perhaps, non-standard (for MT 4) time frame within the current chart. At a similar time, there’s no got to open that larger time frame chart, since solely the information from the present time frame ar used. you must create the candlesticks (bars) of the present chart light or invisible.
Limitations:
1. the amount of the larger time frame should be larger and multiple of the present one (for M5, you’ll use M10, M15, M20, etc., up to 1440; but, for М1 you’ll use any time frames from a pair of to 1440).
2. the amount of the larger time frame might not exceed one day (1440 minutes), since it’s not possible to draw a pair of (or more)-day candlesticks. (I may program it, however I did not.)
3. Charts with time frames of H4 and bigger aren’t supported. (It is feasible to program them, though.)
Special Features:
After a disconnection, some undesirable candlesticks might seem throughout history pumping and therefore the consecutive listing are going to be broken. therefore we must always redraw the candlesticks once history pumping. there’s no got to take away the indicator, simply open its properties. this can be associate degree unpleasant factor, however i do not recognize nonetheless a way to fix it.
CustomCandle MT4 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 4
CustomCandle – it is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to install CustomCandle indicator for MetaTrader 4.mq4?
Download indicator for MetaTrader 4.mq4Copy CustomCandle to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on MT4 indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 4.mq4 is available on your Chart
How to remove MT4 Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?
Select the Chart where is the Indicator running in your Metatrader 4 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete.
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