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The utility draws pivot levels for the selected timefram in classic method. Pivot = (high + close + low) / 3 R1 = ( 2 * Pivot) - low S1 = ( 2 * Pivot) - high R2 = Pivot + ( high - low ) R3 = high + ( 2 * (Pivot - low)) S2 = Pivot - (high - low) S3 = low - ( 2 * (high - Pivot)) you can change the timeframe, colors and fontsize. also you can change the text for the levels. Have fun and give feedback
The Twotimeframe-Candles (RFrame) - Indicator for MT5 shows the candles of an higher, timeframe as an overlay on the current timeframe. You can choose the number of candles and color of the overlays. The indicator calculates the candle evevery tick. If you like the indicator, please left a comment. Keywords: Candlestick, Multitimefram, Two Timeframes,
The outside bar indicator shows a range of inside bars and the breakout up and down from the range. The breakout is always displayed at the start of a new range and is extended until another breakout. The calculation always takes place at the start of a new candle. So it is displayed accordingly in all time frames. In inside bar ( insidebar ) trading you can see the top and bottom of a range. In outside bar ( outsidebar ) trading, the breakout from a range and thus the trend
Introduction to the Candle Time Indicator The Candle Time Indicator for MetaTrader 5, helps users know how much time on a candlestick is remaining. Overview of Candle Time Indicator settings. TextColor: set the color of the countdown clock; FontSize: set the size of the font; Installation Guide Copy and paste the CandleTime.ex5 indicator files into the MQL5 folder of the Metatrader 5 trading platform. You can gain access to this folder by clicking the top menu options, that goes as follows: File