Indicators: DRAW_COLOR_BARS
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DRAW_COLOR_BARS:
The DRAW_COLOR_BARS style draws bars based on values of four indicator buffers, containing Open, High, Low and Close prices. This is the advanced version of the DRAW_BARS style, that allows you to specify individual color for each bar from predefined color set.
The color of bars changes randomly every N ticks. The N parameter of indicator is made as external so that you can adjust it manually (the Inputs tab of indicator properties dialog box). Note, that initially there are 8 colors set for the plot1 graphical plotting (with the DRAW_COLOR_BARS style) using the #property compiler directive. Then, in the OnCalculate() function the color is chosen at random from 14 colors stored in the colors[] array.
See also The Drawing Styles in MQL5 article.
Author: MetaQuotes