Master_Candle

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Master_Candle

Postby Apprentice » Thu Apr 10, 2014 5:54 am

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 1270 times


The indicator was revised and updated
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Master_Candle

Postby fxFox.mb » Fri Apr 25, 2014 5:30 am

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
Attachments
mc_1.png
fxFox
User avatar
fxFox.mb
 
Posts: 7
Joined: Mon Nov 25, 2013 3:34 am

Re: Master_Candle

Postby Apprentice » Fri Apr 25, 2014 8:08 am

Please Re-Download, will do now.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Master_Candle

Postby fxFox.mb » Fri Apr 25, 2014 8:24 am

Apprentice wrote:Please Re-Download, will do now.

:D Thanks a lot - it works
fxFox
User avatar
fxFox.mb
 
Posts: 7
Joined: Mon Nov 25, 2013 3:34 am

Re: Master_Candle

Postby Apprentice » Sun Jun 18, 2017 12:36 pm

The indicator was revised and updated.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Master_Candle

Postby tyros refa » Sat Jul 18, 2020 6:41 am

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 :)
Attachments
bc apprentice.PNG
tyros refa
 
Posts: 16
Joined: Sun Sep 06, 2015 8:16 am

Re: Master_Candle

Postby Apprentice » Sun Jul 19, 2020 5:07 pm

Your request is added to the development list.
Development reference 1723.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Master_Candle

Postby chai88888 » Mon Jul 20, 2020 12:30 am

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
Attachments
2.png
chai88888
FXCodeBase: Graduate
 
Posts: 228
Joined: Tue Jun 07, 2016 7:18 am

Re: Master_Candle

Postby Apprentice » Mon Jul 20, 2020 8:21 am

Your request is added to the development list.
Development reference 1741.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Master_Candle

Postby Apprentice » Mon Jul 20, 2020 10:14 am

Based on Task 1723
Master_Candle.lua
(5.61 KiB) Downloaded 471 times
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Next

Return to Custom Indicators

Who is online

Users browsing this forum: No registered users and 47 guests