Candlestick_Organizer_View

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Candlestick_Organizer_View

Postby Apprentice » Sun Nov 19, 2017 4:05 pm

Candlestick_Organizer_View.png

TS2/Lua version
viewtopic.php?f=17&t=61101
Description:
Doing this candlesticks organizer in MT4 was quite challenging. A replica of the chart candlesticks was made in a subwindow and then the "new chart" was generated following these rules:

If the current candlestick closes bearish, and the previous candle also closed bearish, the current one should be combined with the previous one > until a new bullish candle is formed and closes bullish. The same should be for bullish candlesticks.

The indicator can print the bullish/bearish bar right below the corresponding last bullish/bearish bar in the main chart or organize the presentation as a complete new chart.
Canclestick_Organizer_View.mq4
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Apprentice
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