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PipTick OHLC MT4

PipTick OHLC indicator shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The range for calculation of the indicator can be taken from a daily, weekly, monthly, or user-specified session.


Levels

  • High of current or previous session.
  • Low of current or previous session.
  • Open of current or previous session.
  • Close of current or previous session.
  • Midpoint of current or previous session.


Recommendations

  • It is very helpful to use previous session values of High, Low, Close and Mid as support and resistance levels. It tends to work very well.


Main features

  • The indicator shows the actual levels of High, Low, Open, Close and mid.
  • Current or previous session values.
  • Alert notifications for indicator lines.
  • Custom session time.
  • Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN).
  • The indicator is non-repainting.
  • Ready for backtesting.
  • Customizable parameters (Colors, Line thickness, Visibility).
  • Very fast calculation.
  • Available for MT4 and MT5.


Input parameters

  • Session_Mode - Allows to choose between Daily, Weekly, Monthly and Custom Session mode.
  • Session_Start_Hour - Allows to set start hour if the session time mode is set. In other case the parameter is ignored.
  • Session_Start_Minute - Allows to set start minute if the session time mode is set. In other case the parameter is ignored.
  • Session_End_Hour - Allows to set end hour if the session time mode is set. In other case the parameter is ignored.
  • Session_End_Minute - Allows to set end minute if the session time mode is set. In other case the parameter is ignored.
  • Sessions_Back - Allows to set the number of sessions to display. When the value is zero, all sessions are displayed.
  • Previous_Session_Values - Allows to choose between current and previous session values.
  • Text_Size - Text size of the indicator levels.
  • Visibility_Line_Description - Allows to enable or disable displaying of description of lines.
  • Visibility_High - Allows to enable or disable displaying of the high line.
  • Visibility_Low - Allows to enable or disable displaying of the low line.
  • Visibility_Open - Allows to enable or disable displaying of the open line.
  • Visibility_Close - Allows to enable or disable displaying of the close line.
  • Visibility_Mid - Allows to enable or disable displaying of the midpoint line.
  • Color_High - Color of the high line.
  • Color_Low - Color of the low line.
  • Color_Open - Color of the open line.
  • Color_Close - Color of the close line.
  • Color_Mid - Color of the midpoint.
  • Alert - Allows to enable or disable alert notifications when the market touches one of the indicator lines.
  • Alert_Sound - Allows to choose the alert sound.


Outputs parameters

  • Open - Value of the open of range.
  • High - Value of the high of range.
  • Low - Value of the low of range.
  • Close - Value of the close of range.
  • Midpoint - Value of the mid of range.
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