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H4 candles on the lower timeframe charts

H4 candles on the lower timeframes indicator allows the user to display the four hour timeframe on the lower timeframe chart. The indicator shows the closed H4 candles on the chart. It does not show the last unclosed H4 candle. You can position and color the candles with or without price labels (High/Low/Open/Close of the four hour period) and High/Low lines. It can help to see the bigger picture if you are a day trader or scalper.

The most efficient way to use on the M5 and M15 charts, but you can use on the M1/M5/M15/M30/H1 timeframes.

On the H1 timeframe, please use the WidhtOfTheCandle = widht_4 value at least.

On the M30 timeframe, please use the WidhtOfTheCandle = widht_2 or widht_4 value.


Parameters

  • Candle
  • UpCandleColor - bullish candle color.
  • DownCandleColor - bearish candle color.
  • Candles_in_the_background - show the candles in the background.
  • PositionOfTheCandle - position of the H4 candle.
  • WidhtOfTheCandle - width of the body.
  • WidhtOfTheWick - width of the wick.
  • Price labels
  • ShowPriceLabel - enable/disable the price labels on the chart.
  • FontColor - color of the price labels.
  • PriceLabelSize - size of the price labels.
  • H4 high/low lines
  • ShowHighLowH4Line - enable/disable the H4 High/Low lines on the chart.
  • LineColor - color of the lines.
  • LineSytle - style of the lines.


Please let me know about the features you like & I 'll add them in the next version.

Best Regards,

Krisztian Kunzer

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Eric John Pajarillaga Aldana
4.82 (17)
¡TakePropips Donchian Trend Pro   (MT4) es una herramienta poderosa y efectiva que detecta automáticamente la dirección de la tendencia utilizando el Canal Donchian y le proporciona señales comerciales de entrada y salida! Este indicador multifunción incluye un escáner de tendencias, señales comerciales, panel estadístico, filtro, sesiones comerciales y panel de historial de alertas. ¡Está diseñado para proporcionarle señales comerciales y ahorrarle horas analizando los gráficos! Puede descargar
Dibuja automáticamente los niveles de soporte y resistencia MÁS los gaps de las velas de propulsión en su gráfico, para que pueda ver hacia dónde es probable que el precio se dirija a continuación y/o potencialmente retroceda. Este indicador está diseñado para ser utilizado como parte de la metodología de negociación de posiciones que se enseña en mi sitio web (The Market Structure Trader) y muestra información clave para la orientación y entradas potenciales. Hay 2 características PRINCIPA
El sistema PRO Renko es un sistema de trading de alta precisión especialmente diseñado para operar gráficos RENKO. Se trata de un sistema universal que se puede aplicar a diversos instrumentos de negociación. El sistema neutraliza eficazmente el llamado ruido de mercado, lo que le brinda acceso a señales de reversión precisas. El indicador es muy fácil de usar y solo tiene un parámetro responsable de la generación de señales. Puede adaptar fácilmente la herramienta a cualquier instrumento com
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