Platinum Candle Indicator

4.67
This indicator shows colored candles when price are strongly distorted in relation to their averages.

A good time for buy can be seen after the closing of a silver candle. The pattern becomes more reliable if the purchase is opened when the price of the candle after the silver candle is above the maximum price of the silver candle.

A good time for sell can be seen after the closing of a pink candle. The pattern becomes more reliable if the sale is opened when the price of the candle after the pink candle is below the minimum price of the pink candle.


Buffers:

You can develop an expert and use the buffer number 5 for buy signal.

You can develop an expert and use the buffer number 6 for sell signal.


QUESTIONS ABOUT THE PURCHASE AND INSTALLATION OF PRODUCTS AT META TRADER

You can also find some instructions on how to buy and install a robot in the Meta Trader store at these links:

https://www.youtube.com/watch?v=M1lD90g9Rjg&list=PLltlMLQ7OLeKI8pl71L4W_WTwQVs3XC7g

https://www.mql5.com/en/articles/498


If you need some support to setup your environment, send an e-mail to  "renanlimamql@gmail.com".


//+------------------------------------------------------------------+

//|                                        PlatinumCandleExample.mq5 |

//+------------------------------------------------------------------+

#property version     "1.00"

#property description "This experts shows how to use Platinum Indicator buffers."

#property description " "

#property description "Esse experts mostra como usar os buffers do Platinum Indicator."

#resource             "\\Indicators\\PlatinumCandleIndicator_v1_2\\PlatinumCandle.ex5"


int                   platinumIndicatorHandler;

double                platinumIndicatorBufferBuy[];

double                platinumIndicatorBufferSell[];


MqlRates              ratesBuffer[];


input int             iptLevel=30; //Minimal value for distortions filter


//+------------------------------------------------------------------+

int OnInit()

  {

   ArraySetAsSeries(platinumIndicatorBufferBuy,true);

   ArraySetAsSeries(platinumIndicatorBufferSell,true);

   ArraySetAsSeries(ratesBuffer,true);


   platinumIndicatorHandler = iCustom(_Symbol,_Period,"\\Indicators\\PlatinumCandleIndicator_v1_2\\PlatinumCandle",iptLevel);

   if(platinumIndicatorHandler==INVALID_HANDLE)

      return INIT_FAILED;


   return(INIT_SUCCEEDED);

  }

//+------------------------------------------------------------------+

void OnTick()

  {

   if(!hasNewBar())

      return;


   if(CopyBuffer(platinumIndicatorHandler,5,0,2,platinumIndicatorBufferBuy)<2)

     {

      Print("Fail copying data for [Platinum Indicator Buy Buffer]");

      return;

     }


   if(CopyBuffer(platinumIndicatorHandler,6,0,2,platinumIndicatorBufferSell)<2)

     {

      Print("Fail copying data for [Platinum Indicator Sell Buffer]");

      return;

     }


   if(CopyRates(_Symbol,_Period,0,2,ratesBuffer)<2)

     {

      Print("Fail copying data for [Rates Buffer]");

      return;

     }


   if(ratesBuffer[1].close==platinumIndicatorBufferBuy[1])

     {

      Print("Add your logic to buy or send alert/notification");

      return;

     }


   if(ratesBuffer[1].close==platinumIndicatorBufferSell[1])

     {

      Print("Add your logic to sell or send alert/notification");

      return;

     }

  }

//+------------------------------------------------------------------+

bool hasNewBar()

  {

   int currentNrOfBars = Bars(_Symbol,_Period);

   if(currentNrOfBars>lastNrOfBars)

     {

      lastNrOfBars=currentNrOfBars;

      return true;

     }

   return false;

  }

//+------------------------------------------------------------------+


Reviews 8
Michael Taganna
28
Michael Taganna 2022.09.28 17:02 

Nice

KATTY2010
196
KATTY2010 2022.07.10 23:11 

muy util

alepozo
44
alepozo 2022.06.15 16:51 

Si funciona perfecto, debe estar acorde a tu estrategia. Gracias.

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Hi Trader, Most retail traders rely on lagging, web-based scripts. To trade with a true edge, you need institutional architecture. The Astro AI Indicator is not a standard chart overlay. It is a compiled, dual-agent neural network running directly on your terminal. Here is the exact technology driving the system: 1. Agent 1: The Analyst (Graph Neural Networks - GNN) Markets are not just isolated price bars; they are interconnected networks of data. The Function: Agent 1 utilizes a Graph Neural
Atomic Analyst MT5
Issam Kassas
4.47 (60)
Atomic Analyst — MetaTrader 5 Message me on MQL5 after purchase to receive Smart Universal Expert Advisor for FREE, plus the online course, PDF manual, and private group access. Atomic Analyst brings price action, trend direction, entry and exit signals, Stop Loss and multiple Take Profit levels together on your chart. SEE THE SIGNAL. UNDERSTAND THE SETUP. Atomic Analyst organizes its analysis into clear visual information: • Buy and sell arrows to identify potential entries. • Stop Loss and mul
Trend Catcher ind mt5
Ramil Minniakhmetov
5 (18)
TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
Quant Direction MT5
Georgios Kalomoiropoulos
Quant Direction is a 3 dimensional market analysis tool. It provides a purely objective, algorithmic view of the market by calculating exact percentage-based biases across multiple dimensions simultaneously. Developed utilizing advanced AI modeling tools and subjected to thorough testing, this algorithm is engineered to read the market with unique precision. It can analyze any currency pair or financial instrument available on your platform.  Quant Direction is the ideal tool whether you are a S
Quantum TrendPulse
Bogdan Ion Puscasu
5 (26)
Introducing Quantum TrendPulse , the ultimate trading tool that combines the power of SuperTrend , RSI , and Stochastic into one comprehensive indicator to maximize your trading potential. Designed for traders who seek precision and efficiency, this indicator helps you identify market trends, momentum shifts, and optimal entry and exit points with confidence. Key Features: SuperTrend Integration: Easily follow the prevailing market trend and ride the wave of profitability. RSI Precision: Detect
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This indicator uses historical volatility and a 21-period moving average to define the price distortion in relation to the average. The calculation of historical volatility was based on the book (Odds: The Key to 90% Winners) written by Don Fishback. A Volatility Index with a value greater than 30 may indicate that the price is distorted from its fair price. QUESTIONS ABOUT THE  INSTALLATION OF PRODUCTS AT META TRADER You can also find some instructions on how to install a robot in the Me
FREE
This robot sends app notifications based on Platinum Candle Indicator rules. The Platinum Candle Indicator shows colored candles when prices are strongly distorted in relation to their averages. App message example to sell: [SPX][M15] PLATINUM TO SELL 11:45. App message example to buy: [EURUSD][M15] PLATINUM TO BUY 11:45. It also sends messages for multiple timeframes: [SPX][M15] PLATINUM TO BUY 11:45; [EURUSD][M1] PLATINUM TO SELL 11:45 QUESTIONS ABOUT THE PURCHASE AND INSTALLATION OF PRODUCT
FREE
This script will create a report with all history orders in CSV format. The report is useful for those who run multiple EA's with different magic numbers in the same account. You can define some filters to generate your orders history report: 1) Initial date for assets in orders history. 2) Final date  for assets in orders history. 3) Asset name. 4) Orders magic number. 5) Add balance/costs. QUESTIONS ABOUT THE INSTALLATION OF PRODUCTS AT META TRADER You can also find some instructions on how
FREE
This robot sends Telegram notifications based on the coloring rules of PLATINUM Candle indicator. Example message for selling assets: [SPX][M15] PLATINUM TO SELL 11:45. Example message for buying assets : [EURUSD][M15] PLATINUM TO BUY 11:45 AM. Before enable Telegram notifications  you need to create a Telegram bot, get the bot API Key and also get your personal Telegram chatId. It's not possible to send messages to groups or channels. You can only send messages to your user chatId. You should
FREE
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EB83Br72
1155
EB83Br72 2026.03.03 02:01 

muito util, obrigado.

josemb09
34
josemb09 2022.11.04 17:43 

Muito legal!!!

Michael Taganna
28
Michael Taganna 2022.09.28 17:02 

Nice

migelhenri
64
migelhenri 2022.07.19 07:50 

Bom indicador. Parabéns e obrigado pela partilha.

KATTY2010
196
KATTY2010 2022.07.10 23:11 

muy util

alepozo
44
alepozo 2022.06.15 16:51 

Si funciona perfecto, debe estar acorde a tu estrategia. Gracias.

Zé Roberto
667
Zé Roberto 2021.10.09 18:46 

muito bom parabéns pelo belo trabalho e disponibilização

joseverasay
284
joseverasay 2021.09.28 03:07 

Recomendable

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