Candle Counter RSJ is an indicator for MetaTrader 5 that numbers the candles of the current day. The first candle of the day is number 1, and each new candle adds one. It is an indicator only: it never opens, closes or changes orders.
What it shows
- A small number just below the low of the candles of the current day.
- By default the numbers are written on the even candles (2, 4, 6, 8...), so they do not overlap on small timeframes. The candles in between are the odd ones: the candle right after number 4 is candle 5. In the Numbers shown input you can choose odd numbers (1, 3, 5...) or all numbers instead.
- The count starts on the first candle of the day according to the broker's server time. If the symbol opens at 09:00 server time, the 09:00 candle is number 1.
- Only the current day is numbered; earlier days have no numbers. New numbers appear by themselves as new candles form. At the start of a new day the numbers of the previous day are removed and the count starts again from 1. When you remove the indicator, all its numbers are removed from the chart.
How to add it to the chart
Open the Navigator window (Ctrl+N), expand Indicators and then Market, and drag Candle Counter RSJ onto the chart (or double-click it). Click OK. Adjust the Inputs tab if you want (which numbers are shown, distance, font size and color); with the default settings it starts numbering right away.
Inputs
- Numbers shown (default: Even numbers): which candles get a number. Even numbers writes 2, 4, 6...; Odd numbers writes 1, 3, 5...; All numbers writes a number on every candle.
- Distance between the candle and the number (ticks) (default: 3): the number is written below the low of the candle, this many ticks lower. Increase it to move the numbers further away from the candles. On the candle in progress, the number follows the low as it changes.
- Font size (default: 6): size of the numbers. Larger numbers are easier to read but need more room between candles.
- Font color (default: Navy): color of the numbers. Choose a color that stands out on your chart background, e.g. white or yellow on a black background. The font is Arial.
Tips and frequent questions
- I cannot see the numbers. Change the Font color input: the default Navy is hard to read on a dark background.
- Which timeframes? Intraday timeframes (M1 to H4). On D1 and higher the indicator draws nothing.
- The numbers overlap. In Numbers shown choose Even numbers or Odd numbers instead of All numbers, set a smaller Font size, or zoom in on the chart (+ key) on small timeframes such as M1.
- When does the count restart? At the start of each day, by the broker's server time.
Download
Questions and suggestions: send me a private message through my MQL5 profile.
Trading involves risk of loss. The indicator shows market information; it does not forecast prices or guarantee results.
