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Sea Candles MT4

30 USD

Demo downloaded: 3

Published: 24 October 2023

Current version: 1.1

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Sea Candles MT4

Indicators
Andrei Salanevich
Version: 1.1
Activations: 5

The signal trading indicator Sea Candles MT4 determines the direction of price movement using the CCI oscillator, generating signals to open a position.

Commodity Channel Index [CCI] — measures the deviation of the price from its moving average. Divergence appears when the price reaches a new high and the CCI cannot rise above the previous highs. This classic divergence is usually followed by a price correction. CCI usually ranges within ±100. Values above/below ±100 inform about the overbought/oversold state and the probability of a corrective increase.

INFORMATION ABOUT THE INDICATOR

The indicator is presented in the form of candlesticks, which in turn are painted in four colors, depending on the state of the market.

Also, for convenience, all the colors that are present in the indicator are made in the main menu.

The indicator provides notifications in the terminal, phone, mail. Which are triggered depending on the color change.

HOW TO USE THE INDICATOR

Depending on the color of the indicator, we buy or sell. Notifications are provided for all cases.

You can take a closer look at the colors and what they mean in the screenshots.

It is also an indicator on all currency pairs, stocks and cryptocurrencies.

INDICATOR SETTINGS

History - The number of bars to be read

TimeFrame - Which timeframe the indicator will be linked to

CCIPeriod

CCIPrice

Level

SIGNALBAR - On which bar the signal will be

ShowBody - hide/show the candle body

ShowWick - hide/show candle shadow

---------COLOR SETTING---------

TrendUP = clrDeepSkyBlue,

TrendDN = clrDarkSalmon,

FlatUP = clrRoyalBlue,

FlatDN = clrIndianRed;

---------SETTING ALERTS---------

AlertsMessage - Notifications in the terminal

AlertsSound - Soundtrack

AlertsEmail - Email notifications

AlertsMobile - Notifications to your phone

SoundFile = "alert2.wav"; //"news.wav"; //"expert.wav"; // //"stops.wav" // - Sound change

The "TimeFrame" function is the coloring of colors for the selected timeframe in the indicator settings. That is, it will read the color of the bars from the timeframe you selected. If it is not clear, then I also recommend looking at the screenshots for a better perception. According to the standard, there is a "current" parameter, but I recommend putting one timeframe higher than you have in the terminal. This way you will get rid of unnecessary noise.

SCREENSHOTS ARE ATTACHED:

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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link: TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data and therefore the moment in which prices have strong probability of f

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Top indicator for MT4 providing accurate signals to enter a trade without repainting! Watch the video (6:22) with an example of processing only one signal that paid off the indicator! It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices. MT5 version is here It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of t

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Multiccurrency and multitimeframe Buy and Sell alerts. Auto trailing stop and risk reward takeprofit. The indicator scans and analizing the market so You have nothing to do. trade all your currency pairs in 1 chart! When addig it to a chart change the timeframes and find the best timeframe for that curreency pair chart with the signals! Every pair is different! After purchase please leave a comment or leave a review and I will send you the trade assistant EA. This indicator is using multitime

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