Thank you for the new candles, Xard
post1295571388.html#p1295571388.
I have a couple of set-ups that some might like to test.
This has a nice clean chart for higher time frame monitoring. It uses the new candles, vwap and stepma+HA (arrows only). The idea would be to only take trades in agreement with the M30 StepMA arrows.
These are M5 charts with M5 StepMA(white and orange arrows), M30 StepMA(red arrows) and the MA periods set to M30. Not sure yet if I care for it too much, but someone could maybe use and tweak to their liking. Obviously, the idea is to get the higher time frame bias onto your execution time frame and save some screen real estate.
It is possible that when you first open, the StepMa indicator will display the HA candles and MA's. If so, you may want to go in and change the HA colors to none in order to clean the chart up.
Sorry for the issues. Aside from colors, all the indicators are default except the StepMA's and one instance of the XU Candles(the M30 MA's on the M5 chart)
These are the settings I use for the StepMA on all of my charts here:
The M5 chart with M30 elements has 2 instances of the StepMA. One has the settings from above. The M30 StepMA settings on the M5 chart is here:
Will probably have to change/delete the HA Candle and HA MA colors in the StepMA indicator. There are other options available for the StepMA arrows and shapes.
The M30 XU-Moving Average settings on the M5 chart are here: