Calling All Coders And Specialists
OK so this is what i want to do. Maybe it is pointless, but nevertheless, i think it would be helpfull. Main idea: i want an indicator that will draw a 1 hour candel on the five minute chart. It has to be in such a way so that it is overlayed in the background of 12 5 minute candles. i will post of screen shot of what i mean. So let me know guys. if it has already been done let me know.
I found this indicator inside my computer.
Just few more images.
Looks good on the history.
I am not sure that it will work in real trading.
Indicators which are painting the bars are ok (there are 6 of them). But only previous custom candle is valid (not current one).
With this indicator does the higher time frame candle move in real time?
With this indicator does the higher time frame candle move in real time?
Yes.
And because of that only previous candle is valid.
thanks newdigital. you seem to have a well rounded database of indicators. 
Yes. And because of that only previous candle is valid.
This is a very interesting tool, it can be very powerful if you can understand the price action of the candle to the smaller time frame movements.
I'll be testing with this for a while.
thanks newdigital. you seem to have a well rounded database of indicators.
It is because I was trying to create some other asctrend system on M30 and I created 6 indicators which are painting the bars and got stuck. Because I wanted to create the system to trade once per day per chart only. Indicators are ok but my ideas were finished now for asctrend. So I will post all 6 indicators tomorrow on asctrend thread ad may be somebody will suggest something.
And this CustomCandle indicator may help.
I found this indicator inside my computer.
I applied the CustomCandle and nothing happens on the graph. It shows that the indicator is loaded. What could the problem be??
I applied the CustomCandle and nothing happens on the graph. It shows that the indicator is loaded. What could the problem be??
Set period for this indicator as 60 (H1), 240 (H4) or 1440 (D1) and use it on smaller timeframe.
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OK so this is what i want to do. Maybe it is pointless, but nevertheless, i think it would be helpfull.
Main idea: i want an indicator that will draw a 1 hour candel on the five minute chart. It has to be in such a way so that it is overlayed in the background of 12 5 minute candles. i will post of screen shot of what i mean. So let me know guys. if it has already been done let me know.