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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This dashboard shows the latest available   harmonic patterns   for the selected symbols, so you will save time and be more efficient /   MT4 version . Free Indicator:   Basic Harmonic Pattern Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Functionality Detects and displays harmonic patterns on a single chart Searches multiple symbols and timeframes for harmonic patterns, displays res
OrderFlux | Footprint Orderflow for MetaTrader 5 Version 2.0 – Real-time Bid/Ask Visualization for Active Traders OrderFlux is a footprint and orderflow indicator for MT5. It shows not only where the price has moved, but what happens inside the movement: Bid/Ask volume per price level, delta, imbalance, and volume distribution. Many charts only show you the final result of a candle. OrderFlux shows you the path to get there. This is exactly what helps when you want to read market participation i
Quantum TrendPulse
Bogdan Ion Puscasu
5 (25)
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
RelicusRoad Pro MT5
Relicus LLC
4.96 (24)
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
Grabber System MT5
Ihor Otkydach
4.83 (23)
Let me introduce you to an excellent technical indicator – Grabber, which works as a ready-to-use "All-Inclusive" trading strategy. Within a single code, it integrates powerful tools for technical market analysis, trading signals (arrows), alert functions, and push notifications. Every buyer of this indicator also receives the following for free: Grabber Utility for automatic management of open orders Step-by-step video guide: how to install, configure, and trade with the indicator Custom set fi
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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 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
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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 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
1135
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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