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Candle Oscillator

30 USD

Demo downloaded: 52

Published: 3 May 2017

Current version: 1.1

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Candle Oscillator

Indicators
Dmitriy Susloparov
Version: 1.1
Updated: 17 November 2021
Activations: 5

Do you want to see the candlestick formation on a higher timeframe, but do not want to be detached from the lower chart you trade on?

Then this indicator is for you!

It draws candles of any timeframe as histogram bars and accurately replicates the proportions between the candle body and wicks. At the same time, the time scale is not interrupted. For example, on a minute chart, each M5 candle will take up 5 bars. Each candle formed before the start of the indicator will be replicated five times without changes. However, as new 5-minute bars are accumulated, five different candles will be shown, which correspond to the five separate phases of the 5-minute candle formation.

It is possible to run another instance of the indicator, selecting a higher timeframe. It will have a similar behavior. Thus, you will always be informed of the significance of the current price fluctuations.

When the chart scale changes, the histogram width is adjusted automatically, adapting to the selected candle width.

The indicator is tested on Just2trade

The indicator has only one parameter:

TimeFrame - identifier of the timeframe to receive the information from.

more...

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RSI Mtf This is a multi-frame version of the standard indicator " Relative Strength Index ". Here, the same ideology is implemented, as in other indicators of the author, such as " Ma_Multi ", " CCI MTF ", " DeMarker Mtf ", " Force Multi ". Their common distinguishing feature is the observance of the correct time scale. In the indicator window you can create any set of timeframes, and the scale of each will always correspond to the scale of the current price chart. This way you can see the ov

ADM Oscillator Multiframe Unlike the classic indicator " Average Direction Movement index ", this indicator shows directly the difference between the +DI and -DI values. When +DI is greater than -DI results above zero and vice versa. This is more visual and, in addition, allows you to clearly see the interaction of indicator readings for different timeframes. It also uses a proprietary technology that allows you to see different timeframes simultaneously on a single time scale. For example, f

EA Mrk Full The Expert Advisor uses all the good practices from previous versions, but here it is applied a completely different approach to the formation of trading signals. Based on a paradigm "following the market", when instead of trying to forecast a trend change is determined post factum. In addition, the newly developed adaptive trailing technology is used to manage pending orders when the order position changes depending on the situation. This allows you to protect the pending order

EA_Agr_Full This is the result of the EA_Mrk_Full EA evolution. Inheriting all the successful solutions, it is, nevertheless, a completely new product, as it uses a newly discovered technology. The EA has two separate algorithms for working with pending orders, as well as an expert system that determines the current state of the market. The Expert Advisor automatically selects the optimal algorithm depending on which phase the trading processes enter. Thanks to this, the program confidently c

Price Trap Full The Expert Advisor inherits some principles tested in the previous products of the author, but uses a different algorithm for working with pending orders. According to the test results, we managed to achieve the best ratio of profit and drawdown here. The algorithm can work on any currency pair and any timeframe, but the best results were achieved on XAUUSD M5 . Algorithm verified with broker just2trade On a real account, the EA works no worse than in the strategy tester, you c

This is a multi-frame version of the standard indicator " Williams Percent Range ", that was previously available only for Mt4 . Now there is a version for Mt5 . Like the other indicators of the author, it allows you to see any set of timeframes at the same time, and all they will be presented on a scale of the current price chart. You can choose any set of timeframes of the indicator and freely switch to the price chart in both the highter and the lower direction. For each price period, indi

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Version 1.1 2021.11.17

New compilator