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Indicators

CaudateXPeriodCandleRange - indicator for MetaTrader 5

Views:
2175
Rating:
(9)
Published:
2018.07.09 13:38
Updated:
2023.03.29 13:48
\MQL5\Include\
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An indicator that draws the CaudateXPeriodCandle candlestick sizes in points.

The indicator uses the SmoothAlgorithms.mqh library classes (copy it to terminal_data_directory\MQL5\Include), working with which was described in details published in article Averaging Price Series for Intermediate Calculations without Using Additional Buffers.

Fig 1. Indicator CaudateXPeriodCandleRange

Fig 1. Indicator CaudateXPeriodCandleRange

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21084

CaudateXPeriodCandle CaudateXPeriodCandle

Synthetic Japanese candlesticks over the period predefined in the indicator settings, calculating on each bar, averaging the price timeseries used in the indicator, and highlighting caudate candlesticks.

XPeriodCandle XPeriodCandle

Synthetic Japanese candlesticks over the period predefined in the indicator settings, calculating on each bar and averaging the price timeseries used in the indicator.

CaudateXPeriodCandle_main CaudateXPeriodCandle_main

Indicator CaudateXPeriodCandle in the main chart

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