CandleStick MT5

5

What you can do with CandleStick

CandleStick is a useful indicator for doing MTF analysis.
This indicator displays the CandleStick of another time frame on the chart.
By understanding the information in multiple time charts at the same time, it is easier to understand the overall market view.
It is also a useful tool for validating and studying past quotes and trades.
There are similar products made by others, but I designed and developed it so that it is easy for me to use.

Features of CandleStick only

When I trade, the important thing is operability.
There are traders who operate by opening multiple charts of different time frame on the display.
But I don't.
It's hard to see and hard to understand.
I open one chart for one currency pair.
While switching the chart's timeframe, I trade using MTF analysis to get the information I need.

Until now, similar indicators existed, but there was a problem that only one time frame could be set.
For example, if I set H1-CandleStick to draw, I could draw on the 15-minute chart, but could not draw on the daily chart.
Therefore, this indicator allows you to set the CandleStick time frame for each MT4/MT5 chart.
In other words, the specified CandleStick can be displayed by switching to any chart.
This way is easy to see and understand.
This way also makes MT4/MT5 work lighter and more comfortable.
I developed the CandleStick to get the best performance in this way.

What can be set in the property
  • Can set CandleStick time frame for each MT4/MT5 chart.
  • Supports 8 types of CandleStick: M5, M15, M30, H1, H4, D1, W1, MN1.
  • You can switch Show/Hide the CandleStick by pressing a key on the keyboard.( The default key is “C”)
  • CandleStick can specify the line color, line width, and line type. ( However, the line type can be set only when the line width is 1.)
  • It is possible to set whether or not to display the CandleStick when loading the indicator.
  • The recommended value for the “Calculation Range” is 2000-10000. The higher this number, the more CandleSticks will be drawn, but slower.Adjust according to the specifications of your computer.

My settings


As I said, I only open one chart for one currency pair and use it by switching the time frame.
I don't want the Candle Stick to appear when I switch between timeframes.
I don't always want to see it.
I want to see it when I need it.
Therefore, set ”Show on load” to false. (Default is true)

Use the Show/Hide key to display the CandleStick.

You can assign a-z keys to “Show/Hide” keys. (Default is C)

In the case of H1 chart, I want to display CandleStick of D1, so set it in the property to do so.
Set the other time frames in the same way.

Also set CandleStick Color, Line Width, and Line Style.
In my case…
Bullish CandleStick Color=Gold.
Bearish CandleStick Color=Red.
Line Width=1.
Line Style=Solid.

Calculation Range is 5000 by default.
I have no trouble with this setting.
Change it if necessary.

Recensioni 2
krisnara123
2180
krisnara123 2024.08.04 13:27 
 

Tian-san,I request a small feature to add Range "High-Low" of the HTF candle .Kindly also provide options for Font color and Font Size.Thanks !I am really hoping that you will implement this feature.I will say special thanks in my post.

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Market Structure Order Block Dashboard MT5 è un indicatore MT5 progettato per i trader che vogliono leggere la struttura di mercato e le principali zone di reazione del prezzo direttamente sul grafico. Combina BOS, ChoCH, Order Blocks, Fair Value Gaps (FVG), Liquidità, Kill Zones, Volume Profile e un pannello compatto per un'analisi rapida. Questo indicatore è rivolto ai trader che utilizzano la struttura di mercato, i concetti ICT e Smart Money come quadro decisionale. Può aiutare a individuare
Trend Forecaster
Alexey Minkov
5 (7)
Trend Forecaster – Since 2023. The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time
RelicusRoad Pro MT5
Relicus LLC
4.96 (24)
RelicusRoad Pro: Sistema Operativo Quantitativo di Mercato 70% DI SCONTO ACCESSO A VITA (TEMPO LIMITATO) - UNISCITI A 2.000+ TRADER Perché la maggior parte dei trader fallisce anche con indicatori "perfetti"? Perché operano su Singoli Concetti isolati. Un segnale senza contesto è una scommessa. Per vincere serve CONFLUENZA . RelicusRoad Pro non è un semplice indicatore. È un Ecosistema Quantitativo completo . Mappa la "Fair Value Road", distinguendo tra rumore e rotture strutturali. Smetti di in
Btmm state engine pro
Garry James Goodchild
5 (4)
BTMM State Engine Pro is a MetaTrader 5 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
Hydra Trend Rider is a non-repainting, multi-timeframe trend indicator that delivers precise buy/sell signals and real-time alerts for high-probability trade setups. With its color-coded trend line, customizable dashboard, and mobile notifications, it's perfect for traders seeking clarity, confidence, and consistency in trend trading. Setup & Guide:  Download  MT4 Version here. To learn how to use the Indicator: Indicator Manual & Guide -   Read Here Follow our MQL5 channel for daily market ins
Trend Lines PRO MT5
Roman Podpora
5 (1)
LINEE DI TENDENZA PRO  Aiuta a capire dove il mercato sta realmente cambiando direzione. L'indicatore mostra reali inversioni di tendenza e punti in cui i principali operatori rientrano. Vedi   Linee BOS   Cambiamenti di tendenza e livelli chiave su timeframe più ampi, senza impostazioni complesse o rumore inutile. I segnali non vengono ridisegnati e rimangono sul grafico dopo la chiusura della barra. VERSIONE MT4   -   Svela il suo massimo potenziale se abbinato all'indicatore   RFI LEVELS PRO
Weltrade Spike Sentinel
Batsirayi L Marango
5 (1)
Introducing Indicator for PainX and GainX Indices Traders on Weltrade Get ready to experience the power of trading with our indicator, specifically designed for Weltrade   broker's PainX and GainX Indices.  Advanced Strategies for Unbeatable Insights Our indicator employs sophisticated strategies to analyze market trends, pinpointing optimal entry and exit points.  Optimized for Maximum Performance To ensure optimal results, our indicator is carefully calibrated for 5-minute timeframe charts on
Altri dall’autore
TimePrice Free
Du Zhi Shan Tian
1 (1)
Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Characteristic Date,Time and Price are displayed. The value follows the movement of the mouse. You can change the color of the text. Please refer to the video on youtube. For MT5 only.
FREE
TimePrice MT4
Du Zhi Shan Tian
Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Large and easy-to-read characters It is easy to see even if your eyesight is weak. Also, you can tell the date and price to YouTube and webinar viewers in an easy-to-understand manner. Characteristic Date,Time and Price are displayed. The value follows the movement of the mouse.
CandleStick MT4
Du Zhi Shan Tian
What you can do with CandleStick CandleStick is a useful indicator for doing MTF analysis. This indicator displays the CandleStick of another time frame on the chart . By understanding the information in multiple time charts at the same time, it is easier to understand the overall market view. It is also a useful tool for validating and studying past quotes and trades. There are similar products made by others, but I designed and developed it so that it is easy for me to use. Features of Candle
TimePrice MT5
Du Zhi Shan Tian
Display the date, time and price according to the movement of the mouse cursor on the chart This is useful for discretionary trading. It is an indispensable tool for verifying and studying past market prices and trades. Large and easy-to-read characters It is easy to see even if your eyesight is weak. Also, you can tell the date and price to YouTube and webinar viewers in an easy-to-understand manner. Characteristic Date,Time and Price are displayed. The value follows the movement of the mouse.
Filtro:
krisnara123
2180
krisnara123 2024.08.04 13:27 
 

Tian-san,I request a small feature to add Range "High-Low" of the HTF candle .Kindly also provide options for Font color and Font Size.Thanks !I am really hoping that you will implement this feature.I will say special thanks in my post.

3086440 Thiet
27
3086440 Thiet 2022.05.21 10:06 
 

I have receive your indicator , but this indicator have not H2 Candle on Chart M15. Can you update for me. thank very much.

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