The Candle Length Indicator Alarm signals with a sound, sends an email, and a Push notification when the size of the current candle changes. The size of the current candle can be measured using two methods:
The indicator has the following settings:
- sound — sound from the terminal sounds folder: “… MetaTrader 5Sounds”
- measurement-method for measuring the size of a candle:
- From the beginning of the candle-the current candle size starts from the beginning of the candle
- From the current price-the current candle size is calculated from the current price
- resizing candles – threshold for changing the size of the candle
- alerts quantity (only for “beginning of the candle”) — the number of repetitions of sounds. This parameter is only applicable in combination with the method of counting the size of the current candle from the beginning of the candle.
- From the beginning of the candle-the current candle size starts from the beginning of the candle
- From the current price-the current candle size is calculated from the current price
For visual control of changing the size of the candle, there are two pointers: border arrows for resizing candles – the threshold for changing the size of the candle.