Search

Address & Contact

Web

Best Rated EA 2021

*Please give your feedback about the products you have worked with. This will help other traders.

Trading Systems That Work

Top 10 Forex Expert Advisors in the last decade

Top 10 Forex Expert Advisors in the last decade

August 24, 2021

Newcomers to the forex market often experiment with new techniques and methods to generate profits a

#3 Proven Forex Trading Methods That Work

#3 Proven Forex Trading Methods That Work

June 23, 2021

Intro. Will $500 a day change your life? А 1000$ ? Many people dream of getting that kind of money

Top 5 trading robots for profit on forex in 2021

Top 5 trading robots for profit on forex in 2021

May 27, 2021

Foreign exchange trading is one method to make big as well as steady earnings in a reasonably brief

CandleStick is a useful indicator for doing MTF analysis.
This indicator displays the CandleStick of another time frame on the chart.
By understanding the information in multiple time charts at the same time, it is easier to understand the overall market view.
It is also a useful tool for validating and studying past quotes and trades.
There are similar products made by others, but I designed and developed it so that it is easy for me to use.
When I trade, the important thing is operability.
There are traders who operate by opening multiple charts of different time frame on the display.
But I don’t.
It’s hard to see and hard to understand.
I open one chart for one currency pair.
While switching the chart’s timeframe, I trade using MTF analysis to get the information I need.
Until now, similar indicators existed, but there was a problem that only one time frame could be set.
For example, if I set H1-CandleStick to draw, I could draw on the 15-minute chart, but could not draw on the daily chart.
Therefore, this indicator allows you to set the CandleStick time frame for each MT4/MT5 chart.
Read More...
In other words, the specified CandleStick can be displayed by switching to any chart.
This way is easy to see and understand.
This way also makes MT4/MT5 work lighter and more comfortable.
I developed the CandleStick to get the best performance in this way.
What can be set in the property
  • Can set CandleStick time frame for each MT4/MT5 chart.
  • Supports 8 types of CandleStick: M5, M15, M30, H1, H4, D1, W1, MN1.
  • You can switch Show/Hide the CandleStick by pressing a key on the keyboard.( The default key is “C”)
  • CandleStick can specify the line color, line width, and line type. ( However, the line type can be set only when the line width is 1.)
  • It is possible to set whether or not to display the CandleStick when loading the indicator.
  • The recommended value for the “Calculation Range” is 2000-10000. The higher this number, the more CandleSticks will be drawn, but slower.Adjust according to the specifications of your computer.
  • Can set CandleStick time frame for each MT4/MT5 chart.
  • Supports 8 types of CandleStick: M5, M15, M30, H1, H4, D1, W1, MN1.
  • You can switch Show/Hide the CandleStick by pressing a key on the keyboard.( The default key is “C”)
  • CandleStick can specify the line color, line width, and line type. ( However, the line type can be set only when the line width is 1.)
  • It is possible to set whether or not to display the CandleStick when loading the indicator.
  • The recommended value for the “Calculation Range” is 2000-10000. The higher this number, the more CandleSticks will be drawn, but slower.Adjust according to the specifications of your computer.

My settings

As I said, I only open one chart for one currency pair and use it by switching the time frame.
I don’t want the Candle Stick to appear when I switch between timeframes.
I don’t always want to see it.
I want to see it when I need it.
Therefore, set ”Show on load” to false. (Default is true)
Use the Show/Hide key to display the CandleStick.
You can assign a-z keys to “Show/Hide” keys. (Default is C)
In the case of H1 chart, I want to display CandleStick of D1, so set it in the property to do so.
Set the other time frames in the same way.
Also set CandleStick Color, Line Width, and Line Style.
In my case…
Bullish CandleStick Color=Gold.
Bearish CandleStick Color=Red.
Line Width=1.
Line Style=Solid.
Calculation Range is 5000 by default.
I have no trouble with this setting.
Change it if necessary.

Key Features of Algorithmic Trading Software

17 September 2020

1.0

Trading functions

TimeFrame

TimeFrame

TimeFrame

TimeFrame

TimeFrame

TimeFrame

TimeFrame

Trading strategy

To view other , select one of the filters corresponding to your interests in forex trading.

Reviews

Leave a Review

Price
Profit
Drawndown
Support
Safety
Publishing ...
Your rating has been successfully sent
Please fill out all fields
Captcha check failed
Loading…

Help improve FxBotReview

Please leave your Review if you have already worked with this software.

Fxbotreview is a community of algotraders.
Our goal is to create a platform with honest and transparent ratings (EA, Indicatos)
We have already done reviews on 5000+ programs.
I'll leave a review:)