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

The indicator draws the slow and fast ССI and colors bars for determining patterns and trends.

The VolatilityPivot indicator with the timeframe selection option available in input parameters.

The VolatilityPivot_Signal indicator shows information on the current trend using the values of the VolatilityPivot indicator with a fixed timeframe.

Four semaphore signal indicators based on MFI oscillators with different periods on one price chart.