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Indicators

BackgroundCandle_VolatilityPivot_HTF - indicator for MetaTrader 5

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21128
Rating:
(36)
Published:
2014.05.13 10:26
Updated:
2016.11.22 07:32
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The indicator draws candlesticks of a larger timeframe as color filled rectangles using DRAW_FILLING buffers. Rectangles are color filled in accordance with the values of the VolatilityPivot indicator.

Depending on trend direction the candlestick body is painted in violet-blue or violet-lilac, shadows are painted in light blue or plum color.

The indicator requires the compiled indicator file VolatilityPivot.mq5 for operation. Place it to terminal_data_folder\MQL5\Indicators\.

Figure 1. The BackgroundCandle_VolatilityPivot_HTF indicator

Figure 1. The BackgroundCandle_VolatilityPivot_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2280

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