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Master_Candle

PostPosted: Thu Apr 10, 2014 5:54 am
by Apprentice
Master_Candle.png

Master_Candle indicator will indicate all candles
These are followed by N candles contained within their range.
Master_Candle.lua
(3.03 KiB) Downloaded 1278 times


The indicator was revised and updated

Re: Master_Candle

PostPosted: Fri Apr 25, 2014 5:30 am
by fxFox.mb
Hi Apprentice,

once again I found a case where the mastercandle (Min engulf = 3) is not marked on the chart.
Today on EURAUD H1

Regards fxfox

Re: Master_Candle

PostPosted: Fri Apr 25, 2014 8:08 am
by Apprentice
Please Re-Download, will do now.

Re: Master_Candle

PostPosted: Fri Apr 25, 2014 8:24 am
by fxFox.mb
Apprentice wrote:Please Re-Download, will do now.

:D Thanks a lot - it works

Re: Master_Candle

PostPosted: Sun Jun 18, 2017 12:36 pm
by Apprentice
The indicator was revised and updated.

Re: Master_Candle

PostPosted: Sat Jul 18, 2020 6:41 am
by tyros refa
Hi Apprentice :)

Could you mofify a little this indicator, or add an option, with this condition:

* the body of at least one candle is inside the range of the previous candle.
* no matter the wicks, or the color of the bodies.

When this condition is ok on close, there is a valid master candle.

Thank you :)

Re: Master_Candle

PostPosted: Sun Jul 19, 2020 5:07 pm
by Apprentice
Your request is added to the development list.
Development reference 1723.

Re: Master_Candle

PostPosted: Mon Jul 20, 2020 12:30 am
by chai88888
hi there can you make a strategy base on this indicator.

open a trade on the breakout live or end of turn
stop loss is place on the opposite line of the breakout
limit is place based on the distance between open of the trade to stop loss plus spread.

thanks

Re: Master_Candle

PostPosted: Mon Jul 20, 2020 8:21 am
by Apprentice
Your request is added to the development list.
Development reference 1741.

Re: Master_Candle

PostPosted: Mon Jul 20, 2020 10:14 am
by Apprentice
Based on Task 1723
Master_Candle.lua
(5.61 KiB) Downloaded 475 times