Elephant Candle

The Elephant Candle is an indicator for MT4. 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
Elephant Candle MT5
David Leander Tschacher
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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Tony Gregg
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Tony Gregg 2024.12.09 18:49 
 

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