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Indicators

Counter Attack Candlestick - indicator for MetaTrader 5

Rajesh Kumar Nait
Views:
6463
Rating:
(5)
Published:
2024.04.09 21:44
Download as ZIP, How to download code from MetaEditor
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Counter attack candlestick pattern



Dominant Candle Dominant Candle

Dominant Candle is a a two candlestick set where the wicks intersect each other but body of the candles are either gapped up, gapped down or equal

Code Block for "Trailing Stop" based on current market price. (Ask / Bid) Code Block for "Trailing Stop" based on current market price. (Ask / Bid)

This code block loops through all opened position and do trailing based on Ask and Bid prices.

Candle Analysis Report Candle Analysis Report

This script helps traders understand the distribution and range of candles in a specific period, which can be useful for making trading decisions such as determining which historical values to use for Take Profit or Stop Loss.

A Code block to detect A "New Candle/Bar" using bars history (very effective way) A Code block to detect A "New Candle/Bar" using bars history (very effective way)

If you only want to execute your code blocks "only once per bar" it's important to check if there is new bar arrived or not.