This is my new indicator called Custom candles which can draw on a chart higher timeframe candlesticks. It very helps do not jump between timeframes or charts for multiple timeframe analysis.
Searched in the internet kind of indicator but all I found have bugs or using freaking calculation logic – what’s wrong with you guys? Keep it simple!
So I decided to code it by myself.
As you can see I attached daily candles to m30 chart so you can see all daily levels here and candlesticks patterns – the cause why I need this indicator.
Same for different usage
There’s only one parameter to choose timeframe of the indicator.
Simple – powerful indicator actually you can combine couple of the indicators to complete view what’s going on on higher timeframes like that
PRO TIP :
You can get a signal from a combination of indicators.
Follow the link to learn how to combine two or more signal alert indicators together http://projectreaper.pw/en/how-to-combine-two-or-more-signal-alert-indicators-together/
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder