Display posts from previous
Sort by

Re: Convert MT4 indicators to MT5

801 by ms123
Banzai wrote: Tue Feb 24, 2026 12:46 pm Display higher timeframe candles.
Dear, Mr. Banzai,
Thank you so much for your effort. I am very grateful.

I noticed that when the higher timeframe candle is applied to a lower timeframe such as M5, the Moving Average changes color from white to pink.
(Please see the attached image.)

Could you make a small modification so that the higher timeframe candle is placed in the very background? That way it will appear below the other indicators and the current candle.

However, if it is too difficult to modify, please don't worry about it.

Thank you, Mr. Banzai.
God bless you.
These users thanked the author ms123 for the post:
Banzai

DownloadRe: Convert MT4 indicators to MT5

803 by Lucas
Banzai wrote: Wed Nov 05, 2025 8:20 am DONCHIAN CHANNEL 3-CANDLE BREAKOUT

folder01.png
Copy the whole Donchian folder to the Indicators folder.
And put the template in the template folder.

Step 1: Check the Daily Woodie Pivot (DailyWoodiePivot BT.mq4)
Step 2: Check the 5-Weekly High Low (5WeekHL BT.mq4). It's the High and the Low of each week.
Step 3: Check the Currency Strength (Currency_Strength BT.mq4). If USD is strong, then GOLD is going downhill.
Step 4: Check the divergences on the ZeroLag MACD (4,10,5). (ZeroLag MACD 1.02 (MTF) FAST BT.mq4)

Step 5: Now check the Donchian Channel. If you see a green arrow, go LONG.
It's alternating. 1 green box. Then 1 red box. 1 green box. 1 red box, etc...
This indicator checks a group of 3 candlesticks and determines a breakout is to the upside or downside.

Step 6: Confirm with the ikokunomatome indicator. (ikokunomatome ahtf.mq4) If 5 out of 6 are green, go LONG.
MACD (4,10,5) is always lagging behind 1 candlestick. (Not the ZeroLag MACD).

Step 7: Meanwhile, check the Fibonacci Lines of yesterday's High and Low.

Step 8: Use M15 charts or higher timeframes.
I was working today when I suddenly wanted to use this “Candle Display v3 nmc” on MT5. After searching for quite a while, I realized there was no “Candle Display v3 nmc.ex5” file. I also searched for the original author cja's posts, but came up empty-handed. So I created this . It might not be perfect, but it works.
I'm sharing it here on forex-station in case anyone else is looking for it.
Thank you, Mr. Banzai, for sharing such a wealth of source code; it has been a tremendous help to me in learning to code. かんぱい! Kanpai !
ScreenShot_2026-04-09_205957_248.png
ScreenShot_2026-04-09_210132_950.png
MTF Candles.mq5 Downloaded 189 times 8.46 KiB
These users thanked the author Lucas for the post (total 4):
Banzai, Thangarasu, 5Rivers, alphinz
Post Reply Attachments 773

Return to “MT5 Indicators”