CandleStick MT4

What you can do with CandleStick

CandleStick is a useful indicator for doing MTF analysis.
This indicator displays the CandleStick of another time frame on the chart.
By understanding the information in multiple time charts at the same time, it is easier to understand the overall market view.
It is also a useful tool for validating and studying past quotes and trades.
There are similar products made by others, but I designed and developed it so that it is easy for me to use.

Features of CandleStick only

When I trade, the important thing is operability.
There are traders who operate by opening multiple charts of different time frame on the display.
But I don't.
It's hard to see and hard to understand.
I open one chart for one currency pair.
While switching the chart's timeframe, I trade using MTF analysis to get the information I need.

Until now, similar indicators existed, but there was a problem that only one time frame could be set.
For example, if I set H1-CandleStick to draw, I could draw on the 15-minute chart, but could not draw on the daily chart.
Therefore, this indicator allows you to set the CandleStick time frame for each MT4/MT5 chart.
In other words, the specified CandleStick can be displayed by switching to any chart.
This way is easy to see and understand.
This way also makes MT4/MT5 work lighter and more comfortable.
I developed the CandleStick to get the best performance in this way.

What can be set in the property
  • Can set CandleStick time frame for each MT4/MT5 chart.
  • Supports 8 types of CandleStick: M5, M15, M30, H1, H4, D1, W1, MN1.
  • You can switch Show/Hide the CandleStick by pressing a key on the keyboard.( The default key is “C”)
  • CandleStick can specify the line color, line width, and line type. ( However, the line type can be set only when the line width is 1.)
  • It is possible to set whether or not to display the CandleStick when loading the indicator.
  • The recommended value for the “Calculation Range” is 2000-10000. The higher this number, the more CandleSticks will be drawn, but slower.Adjust according to the specifications of your computer.

My settings


As I said, I only open one chart for one currency pair and use it by switching the time frame.
I don't want the Candle Stick to appear when I switch between timeframes.
I don't always want to see it.
I want to see it when I need it.
Therefore, set ”Show on load” to false. (Default is true)

Use the Show/Hide key to display the CandleStick.

You can assign a-z keys to “Show/Hide” keys. (Default is C)

In the case of H1 chart, I want to display CandleStick of D1, so set it in the property to do so.
Set the other time frames in the same way.

Also set CandleStick Color, Line Width, and Line Style.
In my case…
Bullish CandleStick Color=Gold.
Bearish CandleStick Color=Red.
Line Width=1.
Line Style=Solid.

Calculation Range is 5000 by default.
I have no trouble with this setting.
Change it if necessary.

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Volume Break Oscillator is an indicator that matches price movement with volume trends in the form of an oscillator. I wanted to integrate volume analysis into my strategies but I have always been disappointed by most volume indicators, such as OBV, Money Flow Index, A/D but also as Volume Weighted Macd and many others. I therefore wrote this indicator for myself, I am satisfied with how useful it is, and therefore I decided to publish it on the market. Main features: It highlights the phase
Scalper Inside PRO
Alexey Minkov
4.74 (69)
Indicators
Scalper Inside PRO helps you read the intraday trend and plan a trade before you enter the market. It is built around three exclusive strategies for a sharper read of the market. The moment a signal appears, the indicator evaluates market direction and calculates the key levels, so you see the potential entry, the expected stop-loss and several profit-taking levels in advance. Detailed performance statistics show how different instruments and strategies performed in history and help you pick ass
PZ Trend Trading
PZ TRADING SLU
4.8 (5)
Indicators
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
GoldRush Trend Arrow Signal
Kirk Lee Holloway
5 (2)
Indicators
GoldRush Trend Arrow Signal V1.6 The GoldRush Trend Arrow Signal indicator V1.6 continues to provide precise, real-time trend analysis tailored for high-speed, short-term scalpers in XAU/USD , but it now has additional features and improved efficiency and reliability. Built specifically for the 1-minute time frame, this tool displays directional arrows for clear entry points, allowing scalpers to navigate volatile market conditions with confidence. The indicator consists of PRIMARY and SECONDARY
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Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Large and easy-to-read characters It is easy to see even if your eyesight is weak. Also, you can tell the date and price to YouTube and webinar viewers in an easy-to-understand manner. Characteristic Date,Time and Price are displayed. The value follows the movement of the mouse.
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Du Zhi Shan Tian
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Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Large and easy-to-read characters It is easy to see even if your eyesight is weak. Also, you can tell the date and price to YouTube and webinar viewers in an easy-to-understand manner. Characteristic Date,Time and Price are displayed. The value follows the movement of the mouse.
CandleStick MT5
Du Zhi Shan Tian
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What you can do with CandleStick CandleStick is a useful indicator for doing MTF analysis. This indicator displays the CandleStick of another time frame on the chart . By understanding the information in multiple time charts at the same time, it is easier to understand the overall market view. It is also a useful tool for validating and studying past quotes and trades. There are similar products made by others, but I designed and developed it so that it is easy for me to use. Features of Candle
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