This indicator represents long-period candlesticks displaying on the current chart. It draws rectangles that show information about candlesticks using a given period:
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This indicator represents long-period candlesticks displaying on the current chart. It draws rectangles that show information about candlesticks in a given period:
maximum and minimum candlestick price;
opening and closing time;
colors (red determines bullish; blue — bearish).
You have the opportunity to switch between high-level periods by clicking on the button of the given period located in the top right corner. By clicking, the indicator will redraw rectangles on that period automatically.
Also, the indicator has a function of displaying the high-period-candlestick tick volume. You need to click the right rectangle on the chart. After repeated clicks on it, the data is hiding out. The tick volume is displayed in the left top corner by default.
When adding an indicator on the chart, it will draw rectangles of the high-period candles automatically. If you select the maximum period (MN), the indicator will not function.
The indicator does not need any settings and does not have any in-parameters.
The H1 chart indicator shows the H4 chart candlesticks using rectangles. The tick volume was displayed in the left top corner of the chart after pointing onto one of the rectangles. The period name displayed by the indicator has been written on the button in the right top corner.
You can see the example of Daily period candlesticks on the same H1 chart. After clicking the button, rectangles altered under a given period immediately.
You should know that indicator is working with low-level time frames only. If you choose the maximum period, the indicator will not function, and you will see the inscription «Choose another».
Copy the folder in the folder “Indicators”. You can find it by clicking the right mouse button on any indicator >> “Show in Folder” in the tab “Automate” of the cTrader main window. Then you need to compilate the project in the same tab by clicking the Build Indicator.
There are some technical requirements that you need for loading and correct work of the indicator:
A computer that has all the necessary conditions for the cTrader installing;
The desktop version of cTrader installed on your computer;
The computer working hours should match with the trading hours. The cTrader platform must be launched;
The installed tool must be configured on the cTrader chart.
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