The Multi-Time Period Chart indicator for MT5® is a tool that will help you manage multiple timeframes and periods to find the overall trend. You can observe the moving average state (upwards or downwards) for all timeframes on one chart.
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Works on MetaTrader 5®
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The indicator represents long-period candlesticks on the current chart. It draws rectangles showing information about given-period candlesticks:
Switch between high-level periods by clicking the given period button in the right top corner. When the indicator is activated, the rectangles will automatically be altered to that period.
Moreover, the indicator has a function of displaying the high-period-candlestick tick volume. You should click the right rectangle on the chart. After repeated clicks on it, the data is hidden. The tick volume is displayed in the left top corner by default.
If you add an indicator to the chart, it will draw high-period candlesticks rectangles automatically. If you select the maximum period (Monthly), the tool will not function.
An Example of the H1 Indicator on the Chart
The H1 chart indicator represents the H4 chart candlesticks applying rectangles. The tick volume appeared in the left top corner of the chart after the last rectangle (the H4 chart) candlestick had been clicked. The period name displayed by the indicator has been written on the right top corner button.
An Example of Period Switching
The indicator is working with low-level timeframes only. If you select the maximum period, the tool will not function.
An Indicator Located on the Maximum Period
A ready-made form will help you not to forget important aspects of your technical specification.
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