5D Candlesticks and Line Indicator

v10.3
5D Candlesticks and Line Indicator

This indicator is a further development the 3D Candlesticks indicator that can be found here:

https://www.prorealcode.com/prorealtime-indicators/3d-candle/

This version allows you to combine any combination of the five indicators and coloured candles are created based on the average of all selected indicator results. The original version only allowed one indicator to be selected at a time.

The five indicators that colours can be based on are:

  • COMMODITY CHANNEL INDEX
  • RSI
  • STOCHASTIC
  • CYCLE
  • DIRECTIONAL INDEX

Also in this version it is possible to create a coloured line graph of the result instead of coloured candles. Tick or untick ‘candles’ to change the indicator output type.

I have removed the transparency adjustment as I think it is better to apply the indicator as a separate indicator rather than over the price chart.

Thanks to Ale for the original concept and for some of his original code that I have reused in this new version.

As always I advise downloading the ITF file and importing it to get full functionality.

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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  1. Sapo • 10/10/2019 #

    Thank you very much.
    as always your indicators are extremely effective.
    kind regards Vonasi.

  2. mitsu21 • 10/10/2019 #

    Hi,
    it looks nice.
    I’ll try it tomorrow
    thank you for your share
    kind regards
    bruno

  3. kj1988 • 10/10/2019 #

    Thank you Vonasi for sharing this indicator. Very useful as a comfirmation to the price action.

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