Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2014.05.13 10:26
Indicators

BackgroundCandle_VolatilityPivot_HTF - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
3944
Rating:
votes: 32

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 Software Corp.
Original code: https://www.mql5.com/ru/code/2280

WeightedWCCI WeightedWCCI

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

VolatilityPivot_HTF VolatilityPivot_HTF

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

VolatilityPivot_Signal VolatilityPivot_Signal

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

X4Period_MFI_Arrows X4Period_MFI_Arrows

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