Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 8513
Rating:: (18)
Published:: 2018.12.28 13:05
Updated:: 2019.01.17 11:29

CandleColorMidPoint.mq5 (8.02 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Indicator Colored Middle Point of Candle, like indicator Candle's Middle Point, displays the middle point of the candle, but it colors the middle point of each candle depending on the candle type, bullish or bearish.

It has two adjustable parameters:

Middle point for - display the middle point for

Candle - candles
Body - candle body

Dots type - the candle middle point dots type:

Smallest Dot - the smallest dot
Small Dot - cmall dot
Big Dot - big dot
Small Square - small square
Big Square - big square
Small Diamond - small diamond
Big Diamond - big diamond
Cross - cross

Calculations:

For the middle point of a candle:
Point = (High + Low) / 2.0

For the middle point of the candle body:
Point = (Open + Close) / 2.0

If the candle is bullish, its middle point is blue. If it is bearish, its middle point is red

Fig.1. Middle point for = Candle

Fig. 2. Middle point for = Body

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22720

EMAHLC_Envelope

Indicator EMA HLC Envelope

EMAHLC_Envelope_Oscillator

Indicator EMA HLC Envelope Oscillator

CandleMidPoint

Indicator Candle's Middle Point

NRTR_Revers

An EA based on indicator iATR (Average True Range, ATR)

CandleColorMidPoint - indicator for MetaTrader 5