Average high close candle indicator mt4 the indicator shows the time it takes for the candlestick to close in the upper right corner of the chart.
Now you dont have to manually pull the measuring tool or whip out your calculator.
the period is how many x the indicator will use to calculate itself upon. So a moving average of period 60, uses the last price in the last 60 candlesbars and divides it by 60 to get an average. So for the average true range, you set for an example 60 period, you get the average candle size for the last 60 candlesbars.
download the indicator by clicking link button at the bottom of this post. Copy and paste the best candlestick pattern indicator into following folder of your metatrader 4 (mt4) platform mql4 indicators. You can gain access to the folders this way file open data folder mql4 indicators (paste files here).
The volume with ma and color of candle indicator for mt4 is an indicator which is an upgrade to the standard volume indicator with modifications which includes a moving average and a colour legend defining the type of candle in that specific period.
accuracy of the indicators open, high, low and close can be checked against open, high, low and close in metatrader 4 data window. When cross-referencing the cursor point must be on the relevant colored candle interpretation of the data windows the hidden candle open 1325.
With this indicator, if the price exceeds the 200-day moving average line, the candlesticks will turn blue and if it falls below the candles will switch to red. This indicator makes it easy to see moving averages and price crossovers.
This makes it easy to use the candle time indicator on any chart template (dark or white). Once the indicator is installed on your chart, you can simply watch the clock counting down. The first chart below shows the configuration module of the candle time indicator for the mt4 trading platform.
the i-amma indicator on the other hand is an average modified moving average (amma). This version of a moving average is geared towards being more responsive to price action movements. This causes the line to hug price action much closer compared to other moving averages.
you have multiple ways to set it up with this indicator you can select hourly, 4 hourly, daily, weekly and monthly high low positions. Additional to all this you can set how you would want to draw the high low line. High low spots are usually good to have a quick view of high low support, resistance lines.
Try our great indicators completely free to help you achieve profitable results.
It is based on a state-of-the-art forex trading algorithm that is.