Candlestick_Organizer_View
Doing this candlesticks organizer in MT4 was quite challenging. A replica of the chart candlesticks was made in a subwindow and then the "new chart" was generated following these rules:
If the current candlestick closes bearish, and the previous candle also closed bearish, the current one should be combined with the previous one > until a new bullish candle is formed and closes bullish. The same should be for bullish candlesticks.
The indicator can print the bullish/bearish bar right below the corresponding last bullish/bearish bar in the main chart or organize the presentation as a complete new chart.