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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RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
Crystal Quantum Pro
Muhammad Jawad Shabir
5 (1)
CRYSTAL QUANTUM PRO Institutional Signal & Trade Intelligence for MetaTrader 5 Final Price: 199 USD ----> Price goes up 10 USD after every 10 sales. Limited launch slots available, act fast. Most indicators give you an arrow and leave you alone. A naked arrow is a gamble. Winning consistently requires CONFLUENCE , a clear STOP and TARGET , and honest PROOF that the system works. Crystal Quantum Pro delivers all three in one clean, no-repaint package. Crystal Quantum Pro is a complete decision sy
Azimuth Pro
Ottaviano De Cicco
5 (7)
Azimuth Pro V2: Synthetic Fractal Structure and Confirmed Entries for MT5 Overview Azimuth Pro is a multi-level swing structure indicator by Merkava Labs . Four nested swing layers, swing-anchored VWAP, ABC pattern detection, three-timeframe structural filtering, and closed-bar confirmed entries — one chart, one workflow from micro-swings to macro-cycles. This is not a blind signal product. It is a structure-first workflow for traders who care about location, context, and timing. ️ Summer Sale
KURAMA GOLD SIGNAL PRO (MT5) — 7-Layer Filter, Auto TP/SL, Quality Score & Signal History Save | Complete XAUUSD Trading System No repaint in real time. The moment a signal appears, the arrow, entry, TP and SL are locked on the spot and never move afterward. What you trade is this real-time signal. And in v7.20, every signal that is actually sent is auto-saved and restored exactly after restart. BUYER BONUS Buy the lifetime license and receive AI Zone Radar (
Axiom Matrix
Issam Kassas
5 (5)
AXIOM MATRIX MT5 LAUNCH PRICE: $99 Axiom Matrix is available at the launch price of $99. The price will increase to $199 after the first 30 purchases. After your purchase, send me a direct message to receive your instructions and claim your exclusive gift bonus. Axiom Matrix is a professional multi-symbol, multi-timeframe market scanner and decision dashboard for MetaTrader 5. It scans your Market Watch, analyzes multiple timeframes, reads multiple evidence engines, compares the strongest opport
Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
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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
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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 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
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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
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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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