Colored candles

Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want.

The indicator works on any currency pair and timeframe. It helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher timeframes. It is possible and desirable ti use it in conjunction with other MetaTrader indicators.


Parameters

  • History - the number of history bars to analyze and paint;
  • Minimum length candle - the minimum length of the analyzed candle;
  • PeriodADX - ADX indicator period;
  • ADX and high-low relation - relation of the ADX indicator and the minimum candlestick length;
  • CountCandlesVolume - the number of candlesticks to compare the volume (if set to 0, the candlestick volume is not analyzed);
  • VeryStrongSignalAlert - when enabled, alerts will be displayed if the last closed candle is very strong;
  • ColorBuy1 - color of weak bullish candles;
  • ColorBuy2 - color of medium strength bullish candles;
  • ColorBuy3 - color of strong bullish candles;
  • ColorBuy4 - color of the strongest bullish candles;
  • ColorSell1 - color of weak bearish candles;
  • ColorSell2 - color of medium strength bearish candles;
  • ColorSell3 - color of strong bearish candles;
  • ColorSell4 - color of the strongest bearish candles;
  • CandlesWidth - candle painting width.
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Breakout and Retest Scanner MT4
Elif Kaya
4.54 (57)
Indicateurs
- Real price is 80$ - 50% Discount (It is 39$ now) - just for 2 purchases. Contact me for instruction, add group and any questions! - Non-repaint - I just sell my products in Elif Kaya profile, any other websites are stolen old versions, So no any new updates or support. - Lifetime update free Related product:   Bitcoin Expert Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strateg
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Roman Podpora
4.86 (28)
Indicateurs
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Elmira Memish
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Indicateurs
Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
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Offpista LTD
5 (3)
Indicateurs
Documentation for connecting Metatrader 4 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The Pytrader ecosystem consists of a python script and a MT4 EA. (  MT5  version ) Further for the licensing an indicator is used.  The communication between the python script and the EA is based on sockets. EA is the  Server   and the python script the  Client .  It is always query(function / python script) and output(data / server). The EA doe
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Vitalyi Belyh
Indicateurs
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4.43 (7)
Indicateurs
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5 (3)
Indicateurs
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price to
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Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lot
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Indicateurs
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