FXCodeBase.COM: Forex Chart Indicators and Development

To go LONG
1. Body of the latest candle is greater than body of each of the 2 previous candles
2. Previous candle must be bearish
3. Close of latest candle is higher than close of the previous candle

To go SHORT
1. Body of the latest candle is greater than body of each of the 2 previous candles
2. Previous candle must be bullish
3. Close of latest candle is lower than close of the previous candle


Developed according to User request.

Hi,

Is this possible for this indicator...

I'd would like to see the larger timeframe indicator(arrows) be placed on a smaller timeframe chart. So for example, I want the arrows generated from the 4H to be place on the 5 minute chart. Larger timeframe to be an input parameter.

Reason for this is I'd like to analyze it in conjunction with your Trading Session Indicator (which does not apply to charts above 30min - btw, this indicator will not work for me on a 60 min chart, which I thought was suppose to).

Thanks for the great work & service your provide!

There are some false signals :



after refresh

Try it now.

"Show current period" parameter presented.
Logic Fix.

The indicator was revised and updated.