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BackgroundCandle_TrendlessAG_HTF - indicator for MetaTrader 5
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- 3510
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- Published:
- 2015.04.10 15:38
- Updated:
- 2016.11.22 07:32
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The indicator draws candlesticks of a larger timeframe as color filled rectangles using DRAW_FILLING buffers. Rectangles are color filled according to the TrendlessAG indicator values.
Depending on location of TrendlessAG relative to the zero line, the candlestick body is painted in blue or orange, and shadows are painted in light blue or light pink.
This indicator requires the the compiled indicator file TrendlessAG.mq5. Place it to <terminal_data_folder>\MQL5\Indicators\.
Fig. 1. The BackgroundCandle_TrendlessAG_HTF indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/12583
This Expert Advisor is based on signals generated by the Simple Trading System semaphore arrow signal indicator.
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A semaphore signal indicator that uses breakthroughs of the zero line from the TrendlessAG oscillator to generate signals.
TrendlessAG_HistA trendless indicator (based on the book "Trading with DiNapoli Levels") made as a colored histogram.