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Published:

2015.11.04 07:44

Updated:

2016.11.22 07:32

framacandle.mq5 (6.7 KB) view

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The Fractal Adaptive Moving Average indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the FrAMA algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

Fig.1. The FrAMACandle indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14097

TriXCandle

The TriX indicator implemented as a sequence of candlesticks.

Exp_MA_Rounding_Candle

The Exp_MA_Rounding_Candle Expert Advisor is based on the MA_Rounding_Candle indicator candlestick color change.

Background_TriXCandle_HTF

The indicator draws TriXCandle indicator candlesticks of a higher timeframe as color filled rectangles using DRAW_FILLING buffers.

Background_FrAMACandle_HTF

The indicator draws FrAMACandle indicator candlesticks of a higher timeframe as color filled rectangles using DRAW_FILLING buffers.

FrAMACandle - indicator for MetaTrader 5