Master mrtools,
Kindly modify the attached mtf visualisation indicator to have a facility to draw on the chart a BIG CANDLE , probably an outlier to
decide whether to trade Exhaustion or not.
Inputs: Please add lookback facility in the format
Start and Stop YYYY-MM-DD HH:MM
to calculate points/pips for WHOLE LOOKBACK PERIOD just in ONE candle.
The candle will show Wicks and middle body marked side by side in pips/points (if feasible, not sure) ike shown in the picture or in any format you find it convenient.
Wicks Full body size provides good signals when slow trading keeps happening only in one direction.
Big Candle happening and distribution following it will help in identifying Sideways or range trading probability.
2. For TF candles Wick sized in points/pips not required.
Re: MT4 Indicator requests and ideas
#14791-
- mtf_visualization_v1.6 (2).mq4
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