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Indicators

Barebone Gradient Candles - indicator for MetaTrader 5

Views:
6087
Rating:
(19)
Published:
2021.06.24 22:39
Updated:
2021.06.25 18:22
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Colored Candlestick exemplifying a gradient. It was somewhat hard to find a good working example of DRAW_COLOR_CANDLES that was understandable, most of the comments were useless, and the documentation lacks to even specify the plot limitations (PLOT_COLOR_INDEXES being limited to 64 in length, [0; 63]) or which order the functions should be called.


I also had a hard time finding a working algorithm for moving a X color towards a Y color (I believe this is called Gradient?); this code contains a math function which returns a gradient from X towards Y and I would love to know if someone has a better way of doing that.


Feel free to suggest patches in the comments, this code is a work-in-progress and free for all - you can also remove the licensing properties if you wish, but should maintain a // AUTHORS: list commented.


Changelog

v1.01 - Fix the order, was inverted (was missing a 1.0 - percentage calc)

Working example

    closing partially script  and Stop loss to Break Even point closing partially script and Stop loss to Break Even point

    closing partially script and Stop loss to Break Even point

    Risk Reward Tool Risk Reward Tool

    Risk Reward Tool calculates Risk reward like 1:2 1:3 1:4 and 1:5

    rsi & divergence rsi & divergence

    macd divergence and rsi filter

    Buy Sell on your Price Buy Sell on your Price

    Buy Sell on your price, Choose Market order, Pending Limit order or Pending Stop Order