This indicator is for those who would like to have H3, H6, H8 and H12 candle sticks on their H1 charts. An input variable is considered to compensate the time difference between your brokers’ server clock and GMT0. You can change the color of bearish, bullish and Doji candles as well.
Here is a short description of each input variable task/purpose:
- TimeFrameInMinutes [Integer Variable]: Your desired time frame in minutes. For example, if you want to have H8 time frame, you set this variable to 480.
- UpCandleColor [Color Variable]: Bullish candles color.
- DownCandleColor [Color Variable]: Bearish candles color.
- DojiCandleColor [Color Variable]: Doji’s candles color.
- BrokerHourDiffGMT [Integer Variable]: Your broker’s time difference in GMT. For example, if your broker’s server time starts a day at GMT +2, you set this variable to 2.
- NumCandlesToRedraw [Integer Variable]: The number of candle sticks you would like to be drawn.
- Width [Integer Value]: Tickness of candles.
MT4 Indicators – Download Instructions
[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install [post-title].mq4?
- Download [post-title].mq4
- Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on [post-title].mq4
- Attach to a chart
- Modify settings or press ok
- Indicator [post-title].mq4 is available on your Chart
How to remove [post-title].mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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