myCandle V1.4

v10.3
myCandle V1.4

Info: Shows the range of previous candle, ATR 10 and EMA 20 of ATR10.

If ATR is greater than its average or Range greater then ATR  the text will be displayed in orange =Better moves.

And the ranges between intraday daily hgh – low and the range of last five days as (<> 123/123).

IntradayTrend: Close over Centerline (Intraday Range) displayed green Text “IDT over” and revers red Text “IDT under”. The idea is when the price is over the middle intraday range then we have at the moment intraday a Bulltrend and revers.

Daytrend: Close over yesterday high displayed green Text “DT over” and revers under yesterday low red Text “DT under”. The idea is when the price is over yesterday high then we have at the moment ia daily Bulltrend and revers under low.

Centerline: Show the middle of the range between Intraday high and low as a dotted line.

High/LowIntraday: Show the intraday highest high and lowest low as line. High as  line like a resist and low like a support. Or revers.

HighLow: Show the daily highest high and lowest low beginning on yesterday.

Arrows: Shows Arrows in green and red color. When the Price Trend (calculation in code) over EMA20 and OBV (On Balance Volume) over EMA10 and EMA20 displayed green Arrow and revers. Depends on “Trendforce” and / or “OBVforce” activation checkbox.

Trendforce: Trend strength is used to calculate the arrows. For this, “Arrows” must be also activated. Or also with “OBVforce”.

OBVforce: Volumen strength, based on OBV, is used to calculate the arrows. For this, “Arrows” must be also activated. Or also with “Trendforce”.

Example. You can deactivate for instrument whitout OBV/Volume Data. Forex, etc.

Periods10not20: Activated the calculation for Trendforce and OBVforce based on 10 period. Not actived 20 periods.

You can / should define the color zone yourself. One for course over / under Heikin Ashi Line and one for course over / under Centerline.
Of course you can show and hide everything as you like.

Update from https://www.prorealcode.com/prorealtime-indicators/mycandle-infos-v1-2/

I trade this in combination with Kombination mit myOutsidebar+Stop, myOpening Range…, MyThermometer

 

 

Share this

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?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Alai-n I really like it when you develop ideas around price movement! I am much less a fan of all t...
finplus Bonjour, une petite demande concernant cet indicateur : comment faire pour que lorsque la bo...
LucasBest Bonjour, la coloration des bandes se fait ligne 111 et 112 à l'aide des instructions colorbe...
elcortijoverde Muy buen trabajo.Intuitivo y claro.Gracias por tu dedicación y aportación.
Nicolas
4 months ago
B-Xtrender
B-Xtrender
7
Indicators
Fgats I suspected something like this but in the PRT documentation I couldn't find anything to exp...
616248 Bonjour Nicolas, Peux tu nous expliquer le principe de fonctionnement ? Ou nous mettre un...
Nicolas Le lien vers l'article IFTA de l'auteur est dans le post déjà :)
JS
4 months ago
Trendilo
Trendilo
0
Indicators
Nicolas
5 months ago
yassinoumas33 how to add this indicator to mt4 please
Nicolas You can't, all codes shared here are to be used with ProRealTime trading platform: https://t...
doo23559 Brother , It`s not work . I want to be auto trade based on the signals
BriceE Bonjour Nicolas, Je suis a la recherche d'indicateurs pour me donner la meilleure indicatio...
Nicolas
6 months ago
Maxime Baudin Well done Nicolas, creative!
Stenozar Hi Nicolas, please can you explain how to read/use this indicator? thanks!
FXtonio @RICOU en 1 minutes avec un filtre de tendance ZLSMA 200 et eventuellement un rsi 7 , 69% de...
JC_Bywan For people interested in the screener: https://www.prorealcode.com/topic/screener-buy-sell-m...
octum Gracias NJicolas. Las lineas 35 y 36 dan fallo. (¿Es adrede para iniciados?) Puedes co...
Nicolas Yes, Magic if the variable that contains the value of the line, you can test if it goes up o...
dadah1987 Bonjour Nicolas, merci pour cet indicateur. Utilisant pour l'instant la création simplifié p...
Nicolas Merci d'ouvrir un sujet sur le forum avec une description complète du système.
GustavoLoboOrenstein Is it possible to add histogram with only increasing bars?
YvesRobert Bonjour Nicolas, concernant cet indicateur j'ai voulu l'utiliser mais il commence à tracer l...
Nicolas Je ne rencontre pas ce problème avec le NASDAQ par exemple, ce serait plus simple d'ouvrir u...
YvesRobert Bonjour Nicolas, en effet ca marche, je me suis trompé, j'ai bien tout le tracé. C'est parce...
Jiacky
1 year ago
Kalman Filter
Kalman Filter
0
Indicators
Jiacky
1 year ago
Range Factor
Range Factor
0
Indicators
Sever
2 years ago

Top