Elephant Candle MT5

The Elephant Candle is an indicator for MT5. It draws arrows when strong bullish or bearish candles appear. Strong candles frequently initiate a new trend. The arrows can be used in expert advisors. This indicator can improve already existing trading strategies. The indicator is very fast and doesn't repaint.


Inputs

  • Period
  • Candle Multiplier
  • Candle Niceness [%]
  • Arrow Size
  • Enable Alert
  • Enable Push Notification
  • Enable Email


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David Leander Tschacher
1 (1)
High Low FX draws dots if a new high or low occurs. The indicator is interesting for many different strategies. It can be used in EAs. High Low FX generates also alerts if a new high/low appears. The indicator is fast and not repainting. ️ High Low FX is not repainting. ️ High Low FX requires a minimum of CPU power. ️ High Low FX can be used in EAs. In order to properly calculate the extremes the indicator is lagging Inputs Left -> How many candles to the left must the high (low) exce
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