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Heat Candle

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Demo downloaded: 12

Published: 20 June 2022

Current version: 1.30

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Heat Candle

Indicators
Rodolfo Leonardo De Morais
Version: 1.30
Activations: 5

The volume is a graphical indicator that shows the number of shares traded in a specified period (for example, minutes / hours / days / weeks / months, etc.) for a particular asset. Volume analysis is a basic, yet very important, element of technical analysis. It provides clues as to the intensity of price movements. In addition, the volume can confirm the strength of a trend.

Standard candles do not provide a visual way of looking at buying power and selling power.

With that in mind, I created the indicator with temperature candles that provides a more effective view of what is happening in the market.

Indicator Parameters

MaxMinVolume_AllCandles - false / true - determination of maximum / min volume on each candle separately / on all candles
CandleShadow - Display "temperature" in the shadows of the candles
CandleBody- Display "temperature" on the bodies of candles
BullSpectrum- Spectrum for candles "high"
BearSpectrum- Spectrum for "low" candles
VolumeTf- Time period (in minutes) from which the volume values are read
DrawSize- Candle cell size (in points)
SumBars- Number of candles to display the "temperature"

more...

This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle . A red arrow means sell and a green arrow means buy. All arrows comes with Alert like for easy identification of trade signal. Are you okay with that? 1 minute candle 1 minute expire

Binary Options Support Resistance Indicator This indicator is designed for binary options trading and effectively shows retracements from support and resistance levels. Signals appear on the current candle. A red arrow pointing downwards indicates a potential selling opportunity, while a blue arrow pointing upwards suggests buying opportunities. All that needs adjustment is the color of the signal arrows. It is recommended to use it on the M1-M5 timeframes as signals are frequent on these timef

VR Cub is an indicator for getting high-quality entry points. The indicator was developed to facilitate mathematical calculations and simplify the search for entry points into a position. The trading strategy for which the indicator was written has been proving its effectiveness for many years. The simplicity of the trading strategy is its great advantage, which allows even novice traders to successfully trade with it. VR Cub calculates position opening points and Take Profit and Stop Loss targe

Super Reversal Pattern Indicator Unlock the power of advanced pattern recognition with our Super Reversal Pattern Indicator. Designed for traders seeking precision and reliability, this indicator identifies one of the most effective reversal patterns in technical analysis, offering a significant edge in your trading strategy. Key Features: Non-Repainting Accuracy: Enjoy the confidence of non-repainting technology. Once a Super Reversal Pattern is detected, it remains static, providing consis

KT Pin Bar identifies the pin bar formation which is a type of price action pattern which depicts a sign of reversal or rejection of the trend. When combined with support and resistance, BRN and other significant levels, Pin Bar pattern proved to be a very strong sign of reversal. Basically, a pin bar is characterized by a small body relative to the bar length which is closed either in upper or lower 50% part of its length. They have very large wicks and small candle body. A pin bar candlest

MT5 version | FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private

The True Magic Oscillator indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate signals from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator is never repainted. The point at which the signal is given does not change. Features and Recommendations Wor

In MetaTrader, plotting multiple horizontal lines and then tracking their respective price levels can be a hassle. This indicator automatically plots multiple horizontal lines at equal intervals for setting price alerts, plotting support and resistance levels, and other manual purposes. This indicator is suitable for Forex traders who are new and looking for chances to make quick profits from buying and selling. Horizontal lines can help traders find possible areas to start trading when the

Pro Magic Signal indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not change. Thanks to the alert features you can get the signals

The indicator shows the potential trend direction by cyclical-wave dependence. Thus, all the rays of the intersection will be optimal rays, in the direction of which the price is expected to move, taking into account the indicator period. Rays can be used as a direction for potential market movement. But we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.

The Sextet Scalper Pro is an MT4 indicator that gives signals when new waves are starting in a trend. The trends are calculated using the original " The Sextet " indicator method. You get a free EA to trade with The Sextet Scalper Pro: Free EA . Default settings were optimized on GBPUSD H1 from 2017. EA could be tested on free demo version of The Sextet Scalper Pro, before purchase. Key Features: Uses The Sextet Trend Detection Method which is already a good strategy in itself for detecting l

FX Flow indicator can be used as an anticipator of the next trend, preferably confirmed by Price Action or another oscillator (RSi, Stochastic ..). It takes the money flows of the major currencies USD EUR GBP AUD NZD CAD CHF JPY into account, and processes them. Excellent tool for indices, but also for correlations between currencies. Works on each timeframes. Blue line: Bull market Yellow line: Bear market Note : if the indicator opens the window, but does not draw lines, load the histo

Credible Cross System indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. The indicator works based on instant price movements. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator certainly does not repaint. The point at which the signal is given does not

MFI Pointer is an indicator based on Money Flow Index indicator that uses both price and volume to measure buying and selling pressure. Money Flow Index is also known as volume-weighted RSI . MFI Pointer simply draws arrows on chart window when value of Money Flow Index (from parameter MFI_Period) is below MFI_Level (green upward pointing arrow) or above 100-MFI_Level (red downward pointing arrow). Indicator works on all timeframes and all currency pairs, commodities, indices, stocks etc. MFI Po

Trendlines are the most essential tool of technical analysis in forex trading. Unfortunately, most traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets . There are two types of Trendlines Bullish Trendlines and Bearish Trendlines. In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move. Connecting at least two "lowest lows" will create a

Wolfe Waves scanner - It scans all the Symbols and identify the movement of price and it gives confidence in trade. It automatically plots fifth wave breaks out of the channel. According to the theory behind the pattern, a line drawn from the point at the beginning of the first wave and passing through the beginning of the fourth wave predicts a target price for the end of the fifth wave. If a trader properly identifies a Wolfe Wave as it forms, the beginning of the fifth wave represents an op

KT SuperTrend is a modified version of the classic SuperTrend indicator with new useful features. Whether its Equities, Futures, and Forex, the beginners' traders widely use the Supertrend indicator. Buy Signal: When price close above the supertrend line. Sell Signal: When price close below the supertrend line. Features A multi-featured SuperTrend coded from scratch. Equipped with a multi-timeframe scanner. The last signal direction and entry price showed on the chart. All kinds of MetaTra

The indicator shows you buy/sell signals and does not repaint. It works well with almost all pairs, while the best ones are GBPUSD, XAUUSD and EURUSD. The product works better on H1 and H4. You can change the parameters in the inputs tab to get the best signals and the best trade results on each pair. You can enable/disable alerts when signal appears. The indicator is easy to use. Parameters barstrip & Sensitive: amount of bars to process the highest and lowest prices (relates to the internal

In the stock market technical analysis, support and resistance is a concept that the movement of the price of a security will tend to stop and reverse at certain predetermined price levels. Support and resistance levels can be identified on any timeframe. However, the most significant ones are found on the higher time frames, such as daily, weekly, and monthly. This indicator using the weekly OHLC data to identify the relevant levels. This is a support and resistance indicator and providing majo

Introduction It is common practice for professional trades to hide their stop loss / take profit from their brokers. Either from keeping their strategy to the themselves or from the fear that their broker works against them. Using this indicator, the stop loss / take profit points will be drawn on the product chart using the bid price. So, you can see exactly when the price is hit and close it manually. Usage Once attached to the chart, the indicator scans the open orders to attach lines fo

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SMT (Smart Money Technique) Divergence refers to the price divergence between correlated assets or their relationship to inversely correlated assets. By analyzing SMT Divergence, traders can gain insights into the market's institutional structure and identify whether smart money is accumulating or distributing assets. Every price fluctuation should be confirmed by market symmetry, and any price asymmetry indicates an SMT Divergence, suggesting a potential trend reversal. MT5 Version - https:/

This Real Magic Trend indicator is designed for signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate signals from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. The indicator is never repainted. The point at which the signal is given does not change. Features and Recommendations Time Frame

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Trend Master Chart is the trend indicator you need. It overlays the chart and uses color coding to define different market trends/moves. It uses an algorithm that combines two moving averages and different oscillators. The periods of these three elements are modifiable. It works on any time-frame and any Pair. At a glance you will be able to identify an upward or downward trend and the different entry points into this trend. For example during a marked upward trend (light green color) the dif

Kelter Channel is a technical indicator designed to find overbought and oversold price areas, using a exponential moving average and ATR. And it implements a particularly useful twist: you can plot the bands of a higher timeframe in the current chart. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find overbought and oversold situations Read data from higher timeframes easily The indicator displays data at bar opening The indicator is non-repainting Trading implica

Perfect for one minutes high trading and scalping. This indicator is very effective for trading on one minutes, in the hour. A combination of moving averages and STOCHASTICS calculation to produce a very convincing signal every hour. Blue colour signals a buy opportunity. Follow the X signs for possible buy points. The Blue average line serves as possible trend direction and support. Red colour signals a sell opportunity. Follow the X signs for possible sell points. The Red average line serves a

Here is another version of famous Super Trend indicators which is modified by Kivanc Ozbilgic. I have get the code from Trading View and converted it to MT4 language. this is great opportunity for Trading View users who want to migrate to MT4 so can test this indicator and also make their custom EAs based on it. there are much more inputs than standard super trend also there are up/down arrows with alarms as well.

Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of mr. W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit Levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! Probably you heard already many times about Gann trading methods. Usually Gann's theory is very complex thing not only

Reversal First Impulse levels (RFI) INSTRUCTIONS RUS - ENG R ecommended to use with an indicator - TPSpro TREND PRO - Version MT5 A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Main functions: Displaying activ

First of all Its worth emphasizing here that this Trading Indicator is Non-Repainting , Non Redrawing and Non Lagging Indicator Indicator, Which makes it ideal from both manual and robot trading. User manual: settings, inputs and strategy . The Atomic Analyst is a PA Price Action Indicator that uses Strength and Momentum of the price to find a better edge in the market. Equipped with Advanced filters which help remove noises and false signals, and Increase Trading Potential. Using Multipl

TPSpro TRENDPRO - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices! Version MT5 DETAILED DESCRIPTION R ecommended to use with an indi

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ENIGMERA: The core of the market (If the demo of mql5.com doesn't working and you want to try Enigmera please message me.) Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets. A system that works whether we are in a trend or a correction. How does it operate? ENIGMERA comprises of fol

MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith

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Bomb Bank Signal: Your Trusted Indicator for MetaTrader 4 The Bomb Bank Signal is a powerful indicator for MetaTrader 4, designed to identify the most relevant trends in the financial market. If you are looking for a tool that accurately anticipates movements, Bomb Bank is the ally you need. How it Works: This indicator combines three distinct methods – volume analysis, candle closes and symmetrical trend – to detect and signal buying and selling opportunities. Bomb Bank is like a "bomb"

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Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra

PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help

M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. The Arrows DO NOT REPAINT and DO NOT LAG! The algorithm is based on the analysis of volumes and price waves using additional filters. The intelligent algorithm of the indicato

Order block hunter indicator is the best indicator for hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a

CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti

Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd

This indicator I use with RENKO and RangeBar candle Discover the Secret to Successful Forex Trading with Our Custom MT4 Indicator! Have you ever wondered how to achieve success in the Forex market, consistently earning profits while minimizing risk? Here is the answer you've been searching for! Allow us to introduce our proprietary MT4 indicator that will revolutionize your approach to trading. Unique Versatility Our indicator is specially designed for users who prefer Renko and Rangebar candle

CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading

Currency pairs never go up or down in a straight line. They rise and fall constantly, creating pullbacks and reversals. And with each rise and fall, so your emotions rise and fall. Hope, then fear, then hope. This is when the market will try to frighten you out of a strong position. It is when you are most vulnerable. But not if you have the Quantum Trend Monitor. And here, you even get two indicators for the price of one! The Quantum Trend Monitor has been designed to absorb these temporary pau

The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr

Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display medium and long-term trends . The

SENSE is an automated fusion of selected GANN methods combined with fractal calculations. The system tells us where to open and close our trades. No more wasting time on complex calculations— SENSE does it all for you. Just insert the indicator. Key Principles: Market is bullish when price is above the white lines - Buy above the white lines, stop below - Green lines are bullish targets Market is bearish when price is below the white lines - Sell below the white lines, stop above - Red

NextCandlePredictor Indicator NextCandlePredictor, a signal indicator with alert that does not repaint, does not change its color, does not move, does not disappear, and has no lag. It will help you identify the direction of the next or upcoming candles in any timeframe. Highly recommended for high volatility markets like New York, London, or even the overlap of both. Main Features: Versatility in Timeframes: Provides quick and accurate signals in any timeframe, from M1 to H1 and beyond. Clear B

TrendStoch Channel Pro Introducing our revolutionary indicator - "TrendStoch Channel Pro"! This powerful tool empowers traders to gain a comprehensive view of the market by seamlessly combining two essential features - observing larger time trends and the stochastic channel - directly on your chart. With "TrendStoch Channel Pro," you'll experience a new level of trading precision. The indicator's ability to display larger time trends allows you to identify long-term market directions, enabli

Unlock the Power of Precision Trading with Our Advanced Trend & Stochastic Channel Indicator! Are you tired of missing out on big market moves? Struggling to stay ahead of market trends? It's time to elevate your trading strategy with our cutting-edge Trend & Stochastic Channel Indicator—your ultimate tool for mastering the markets. Why This Indicator Is a Game-Changer: 1. See the Bigger Picture: Stop getting lost in the noise of short-term fluctuations. Our indicator lets you observe larger t

IS THE EA MARTINGALE? YES THERE ARE 4 TYPES OF GRID FUNCTION. IF YOU DO NOT LIKE MARTINGALE THEN CHOOSE THE OTHER 3 REMAINING GRID FUNCTIONS THAT IS FIXES START / SUMM START LOT / STEP LOT / DOES THE EA HAVE STOP LOSS YES DOES THE EA HAVE EQUITY PROTECTION? YES TOTAL 2 DOES THE EA HAVE MAX BUY AND MAX SELL POSITIONS? YES DOES THE EA HAVE TRAILING AND BREAKEVEN? YES DOES THE EA HAVE TAKE PROFIT IN DOLLAR AMOUNT? YES DOES THE EA OPEN ON CANDLE OPEN? YES BUT WE SET THIS TO FALSE AS WE

Simple Market Line Price Color This indicator allows you to see the market's aggregation by buying or selling on the price line. when it is attacked the sale turns into a color when it is attacked the purchase takes on another color Indicator Parameters indicator_colorUP - Color of UP price aggregation indicator_colorDown - Color of Down price aggregation indicator_WIDTH - WIDTH Line in chart Good Trades

FREE

This indicator allows you to see the market's aggregation by buying or selling on the price . when it is attacked the sale turns into a color when it is attacked the purchase takes on another color Indicator Parameters Price_Up_Color - Color price to UP Price_Down_Color - Color price to Down Price_X_Position - Position Horizontal Price_Y_Position- Position Vertical Price_Size - Size font

FREE

Heiken ashi Smoothing in separate window MTF The color of the Heiken-Ashi candles depend on their shadows. The advantage of the Heiken-Ashi chart is that the trend is determined very simply, the upward-facing sails are blue, and the downward-tendency sails are red. For profitable trading it is necessary to use it with the standard candles (make analyzes) and with the other indicators. Indicator Parameters TimeFrame - Graphic time being 0 = Current graph time, 1 = M1, 5 = M5, 15 = M15, 30 = M30

Anyone who is experienced in trading knows that longer time signals are trend signals. That's why it's always good to follow the trends of longer times to make a good trade. With that in mind, I created the trend indicator in the background Indicator Parameters TFBar - TimeFrame BackgroundEnabled - Enable Background NumbersOfBars - Numbers of Bar draw ColorUp - Color Up ColorDown - Color Down Smoothing - Heiken-Ashi Smoothing Average

This indicator allows you to view the speed of price movement based on the time set in seconds Indicator Parameters VisorVelocity_Price_Up_Color - Color to UP price VisorVelocity_Price_Down_Color - Color to Down price VisorVelocity_Price_Zero_Color - Color to Zero VisorVelocity_Price_X_Position - Posicion horizontal in chart VisorVelocity_Price_Y_Position - Posicion vertical in chart VisorVelocity_Price_Size - Size price font VisorVelocityTime - Time to calcule

Elevate Your Trading with the Ultimate Market Visualization Indicator! Imagine having the power to visualize price movements across multiple time frames, clearly identify Bull and Bear Market periods, and gauge their strength—all within a single, intuitive tool. With our revolutionary Market Visualization Indicator, you can do just that and more. Why This Indicator Is a Must-Have: 1. Multi-Time Frame Mastery: Stop limiting your analysis to one time frame. Our indicator allows you to seamlessly

Trend Show Volume This indicator allows you to visualize volume distortions. When the volume increases by x percent we have different colors and sizes plotted. Indicator Parameters pPercentShow - Percentage of volume on which different colors and sizes will be plotted pLength - Average applied to volume [background bar] pModeMA - Type of media applied to the volume

[Trend Price Actions ] This indicator allows you to plot higher time moving averages on lower time charts with color trend change indicator. [Indicator Parameters] [pTimeFrame] - [Timeframe for calcule moving average ] [pTrendPeriod] - [Period moving average] [pTrendPrice] - [Price of moving average] [pTrendPow] - [Power of the moving average movement] ...

OrionZ This indicator allows you to view the price trend and channel. When the price is above the average we have a trail color when the price is below we have another Indicator Parameters [pTimeFrame] - [Timeframe for calcule moving average] [pPeriod] - [ Period moving average] [pMethod] - [ Method moving average] [pPrice] - [ Price applied moving average] [ChannelSpace] - [ Channel space between the average price]

FXPLUS is an Expert Advisor designed to trade on the market fluctuation grid using the MetaTrader 4 (MT4) platform. This powerful EA allows extensive customizations to suit your strategies to optimize profits and better adapt to your conditions. Outstanding Features Grid Martingale Strategy: Utilizes the grid Martingale method to manage orders effectively. Flexible Customization: Offers extensive parameter customization, allowing adjustments according to the user's trading style and risk to

FXGrid Scalper Plus is an advanced Expert Advisor (EA) designed to trade the foreign exchange (Forex) market with a focus on scalping strategies. This powerful tool was developed for traders looking to capitalize on small price movements in a short period of time, using a dynamic grid approach. Key Features Dynamic Grid Strategy: Uses a scalable grid approach to manage multiple positions, taking advantage of short-term fluctuations in the market. High Execution Speed: Optimized to execute o

Anyone who is experienced in trading knows that longer time signals are trend signals. That's why it's always good to follow the trends of longer times to make a good trade. With that in mind, I created the trend indicator in the background Indicator Parameters TFBar - TimeFrame BackgroundEnabled - Enable Background NumbersOfBars - Numbers of Bar draw ColorUp - Color Up ColorDown - Color Down Smoothing - Heiken-Ashi Smoothing Average inpMA_METHOD - Smoothing Method width - Size Line bor

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