Candle Size MT4
- Indicadores
- Evgeniy Chumakov
- Versão: 1.0
- Ativações: 5
The indicator searches for candles on the price chart that are larger than those specified in the settings and marks them on the chart.
You can choose two types of candle size measurement (Units of Calculation): Points and Percentages.
Points - size calculation will be in points. (for a five-digit quote point = 0.00001 and similarly for others)
Percentages - the candle size will be calculated as a percentage.
You can also choose between which values to measure (Between Levels):
High/Low - Between the high and low of the candle.
Open/Close - between the opening and closing prices.
Upper Shadow - size of the candle's upper shadow.
Lower Shadow - size of the lower shadow.
Select the unit of measurement and between which levels to measure, then use the Size Definitions parameter in the indicator to set the level of candle size you need.
If the indicator detects a candle with the specified parameters on the price chart, it will mark it using one of the methods selected in the settings.