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CandleStick MT5

5

What you can do with CandleStick

CandleStick is a useful indicator for doing MTF analysis.
This indicator displays the CandleStick of another time frame on the chart.
By understanding the information in multiple time charts at the same time, it is easier to understand the overall market view.
It is also a useful tool for validating and studying past quotes and trades.
There are similar products made by others, but I designed and developed it so that it is easy for me to use.

Features of CandleStick only

When I trade, the important thing is operability.
There are traders who operate by opening multiple charts of different time frame on the display.
But I don't.
It's hard to see and hard to understand.
I open one chart for one currency pair.
While switching the chart's timeframe, I trade using MTF analysis to get the information I need.

Until now, similar indicators existed, but there was a problem that only one time frame could be set.
For example, if I set H1-CandleStick to draw, I could draw on the 15-minute chart, but could not draw on the daily chart.
Therefore, this indicator allows you to set the CandleStick time frame for each MT4/MT5 chart.
In other words, the specified CandleStick can be displayed by switching to any chart.
This way is easy to see and understand.
This way also makes MT4/MT5 work lighter and more comfortable.
I developed the CandleStick to get the best performance in this way.

What can be set in the property
  • Can set CandleStick time frame for each MT4/MT5 chart.
  • Supports 8 types of CandleStick: M5, M15, M30, H1, H4, D1, W1, MN1.
  • You can switch Show/Hide the CandleStick by pressing a key on the keyboard.( The default key is “C”)
  • CandleStick can specify the line color, line width, and line type. ( However, the line type can be set only when the line width is 1.)
  • It is possible to set whether or not to display the CandleStick when loading the indicator.
  • The recommended value for the “Calculation Range” is 2000-10000. The higher this number, the more CandleSticks will be drawn, but slower.Adjust according to the specifications of your computer.

My settings


As I said, I only open one chart for one currency pair and use it by switching the time frame.
I don't want the Candle Stick to appear when I switch between timeframes.
I don't always want to see it.
I want to see it when I need it.
Therefore, set ”Show on load” to false. (Default is true)

Use the Show/Hide key to display the CandleStick.

You can assign a-z keys to “Show/Hide” keys. (Default is C)

In the case of H1 chart, I want to display CandleStick of D1, so set it in the property to do so.
Set the other time frames in the same way.

Also set CandleStick Color, Line Width, and Line Style.
In my case…
Bullish CandleStick Color=Gold.
Bearish CandleStick Color=Red.
Line Width=1.
Line Style=Solid.

Calculation Range is 5000 by default.
I have no trouble with this setting.
Change it if necessary.

Avis 2
krisnara123
1916
krisnara123 2024.08.04 13:27 
 

Tian-san,I request a small feature to add Range "High-Low" of the HTF candle .Kindly also provide options for Font color and Font Size.Thanks !I am really hoping that you will implement this feature.I will say special thanks in my post.

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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
**   All Symbols   x   All Timeframes   scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "Trend Reversal group" for sharing or seeing experiences with other users. Introduction: Trendlines are the most famous technical analysis in trading . Trendlines continually form on the charts of markets across all the different timeframes providing huge opportunities for traders to jump in and profit on the action. In the other hand,  The trendline reversal str
Présentation       Quantum Breakout PRO   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous négociez les zones d'évasion ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Évasion quantique PRO       est conçu pour propulser votre parcours commercial vers de nouveaux sommets grâce à sa stratégie de zone de discussion innovante et dynamique. Quantum Breakout Indicator vous donnera des flèches de signalisation sur le
Noise filtering: the key to mastering trends Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situatio
Stratos Pali mt5
Michela Russo
5 (2)
Stratos Pali Indicator is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost ! Do
Bill Williams Advanced
Siarhei Vashchylka
5 (8)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
Ce tableau de bord découvre et affiche les zones   d'offre   et de   demande   sur le graphique, à la fois en mode scalping et à long terme, en fonction de votre stratégie de trading pour les symboles sélectionnés. En outre, le mode scanner du tableau de bord vous permet de vérifier tous les symboles souhaités en un coup d'œil et de ne manquer aucune position appropriée /   Version MT4 Indicateur gratuit:   Basic Supply Demand Caractéristiques Permet de visualiser les opportunités de tr
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What you can do with CandleStick CandleStick is a useful indicator for doing MTF analysis. This indicator displays the CandleStick of another time frame on the chart . By understanding the information in multiple time charts at the same time, it is easier to understand the overall market view. It is also a useful tool for validating and studying past quotes and trades. There are similar products made by others, but I designed and developed it so that it is easy for me to use. Features of Candl
TimePrice Free
Du Zhi Shan Tian
5 (1)
Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Characteristic Date,Time and Price are displayed. The value follows the movement of the mouse. You can change the color of the text. Please refer to the video on youtube. For MT5 only.
FREE
TimePrice MT4
Du Zhi Shan Tian
Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Large and easy-to-read characters It is easy to see even if your eyesight is weak. Also, you can tell the date and price to YouTube and webinar viewers in an easy-to-understand manner. Characteristic Date,Time and Price are displayed. The value follows the movement of the mous
TimePrice MT5
Du Zhi Shan Tian
Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Large and easy-to-read characters It is easy to see even if your eyesight is weak. Also, you can tell the date and price to YouTube and webinar viewers in an easy-to-understand manner. Characteristic Date,Time and Price are displayed. The value follows the movement of the mous
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krisnara123
1916
krisnara123 2024.08.04 13:27 
 

Tian-san,I request a small feature to add Range "High-Low" of the HTF candle .Kindly also provide options for Font color and Font Size.Thanks !I am really hoping that you will implement this feature.I will say special thanks in my post.

3086440 Thiet
27
3086440 Thiet 2022.05.21 10:06 
 

I have receive your indicator , but this indicator have not H2 Candle on Chart M15. Can you update for me. thank very much.

Répondre à l'avis
Version 1.3 2023.09.05
Fixed a small bug.