Is it possible to form custom candle for 4hr timeframe based on time. The PRT 4hr candle is different from MT5 candles as they open 1 hr apart. I understand we cannot change the 4hr candle open time. So is it possible to draw it at 7 am, 11 am, 3 pm, 7 pm and 11 pm, 3 am

thanks in advance

PJ

thanks. Would it be possible to change the candle colour in 1hour based on time. Say 10pm hourly candle changes to Blue without affecting other candles. Is it something possible?

Hello,

I see that the indicator draws a new candle every 15 minutes. And that’s great. But I have a question.

Would it be possible to add some code to this indicator, so that the new 15-minute candle that is forming at that moment is drawn in real time and not have to wait for the 15 minutes to end?

Thank you so much!

robertogozzi wrote:

I made the code to automatically detect the current (default) TIMEFRAME, which cannot be higher than 15 minutes (unless you change lines 16, 17 and 36 as stated below).

You can set your preferred TF changing lines 16 and 36. Furthermore you have to change line 17 to set the correct number of seconds in the preferred HIGHER timeframe.

On your chart you can use any of the allowed default TFs (be it 1, or 15 or 30 seconds, 1 or 3 or 5 minutes). Beware that with a HIGHER timeframe of 15 minutes you can’t use a 2-minute default TF as 15 is not a multiple of 2. The same for a WEEKLY TF, which is considered being made of 7 days (it doesn’t matter if they trading days or not), so you could only use a 1-day default TF, as 7 is a multiple of 1 only.

// GetTimeFrame returns:<br /> //<br /> // 1 = 1 second<br /> // 10 = 10 seconds (10 * 1 second)<br /> // 60 = 1 minute (60 * 1 second)<br /> // 300 = 5 minutes (5 * 1 minute)<br /> // 3600 = 1 hour (60 * 1 minute)<br /> // 14400 = 4 hours (4 * 1 hour)<br /> // 86400 = 1 day (24 * 1 hour)<br /> // 172800 = 2 days (2 * 1 day)<br /> // 604800 = 1 week (7 * 1 day)<br /> // 2592000 = 1 month (30 * 1 day)<br /> // 31536000 = 1 year (365 * 1 day)<br /> // -1 = non time based TF<br /> //<br /> Timeframe(15 minutes,updateonclose)<br /> ONCE TFseconds = 15 * 60 //number of seconds in a 15-minute bar<br /> ONCE t = 50 //Transparency (0-255, 0=invisible, 255=fully visible)<br /> ONCE ID = 0<br /> ID = ID + 1<br /> //<br /> C5 = close<br /> O5 = open<br /> H5 = high<br /> L5 = low<br /> //<br /> r = 0<br /> g = 255<br /> b = 0<br /> If c5 < o5 then<br /> r = 255<br /> g = 0<br /> b = 0<br /> endif<br /> //<br /> Timeframe(15 minutes,default)<br /> //<br /> ONCE ID2 = 0<br /> ID2 = ID2 + 1<br /> //<br /> timeframe(default)<br /> ONCE TFdefault = GetTimeFrame<br /> IF TFdefault = TFseconds THEN<br /> TotalBars = 0<br /> Bar1 = 0<br /> Bar2 = 0<br /> ELSE<br /> TotalBars = TFseconds / TFdefault<br /> Bar1 = TotalBars – 1<br /> Bar2 = floor(TotalBars / 2)<br /> ENDIF<br /> //<br /> IF ID <> ID[1] THEN<br /> Drawrectangle(BarIndex – Bar1,O5,BarIndex,C5) Coloured(r,g,b,t)style(line,1) bordercolor(r,g,b,t) //Body /style Line 2 = Dicke<br /> DrawRectangle(BarIndex – Bar2,max(O5,C5),BarIndex – Bar2,H5) Coloured(r,g,b,t)style(line,1) bordercolor(r,g,b,t) //Upper Wick<br /> DrawRectangle(BarIndex – Bar2,min(O5,C5),BarIndex – Bar2,L5) Coloured(r,g,b,t)style(line,1) bordercolor(r,g,b,t) //Lower Wick<br /> ENDIF<br /> Return

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// GetTimeFrame returns: // // 1 = 1 second // 10 = 10 seconds (10 * 1 second) // 60 = 1 minute (60 * 1 second) // 300 = 5 minutes (5 * 1 minute) // 3600 = 1 hour (60 * 1 minute) // 14400 = 4 hours (4 * 1 hour) // 86400 = 1 day (24 * 1 hour) // 172800 = 2 days (2 * 1 day) // 604800 = 1 week (7 * 1 day) // 2592000 = 1 month (30 * 1 day) // 31536000 = 1 year (365 * 1 day) // -1 = non time based TF // Timeframe(15 minutes,updateonclose) ONCE TFseconds = 15 * 60 //number of seconds in a 15-minute bar ONCE t = 50 //Transparency (0-255, 0=invisible, 255=fully visible) ONCE ID = 0 ID = ID + 1 // C5 = close O5 = open H5 = high L5 = low // r = 0 g = 255 b = 0 If c5 < o5 then r = 255 g = 0 b = 0 endif // Timeframe(15 minutes,default) // ONCE ID2 = 0 ID2 = ID2 + 1 // timeframe(default) ONCE TFdefault = GetTimeFrame IF TFdefault = TFseconds THEN TotalBars = 0 Bar1 = 0 Bar2 = 0 ELSE TotalBars = TFseconds / TFdefault Bar1 = TotalBars – 1 Bar2 = floor(TotalBars / 2) ENDIF // IF ID <> ID[1] THEN Drawrectangle(BarIndex – Bar1,O5,BarIndex,C5) Coloured(r,g,b,t)style(line,1) bordercolor(r,g,b,t) //Body /style Line 2 = Dicke DrawRectangle(BarIndex – Bar2,max(O5,C5),BarIndex – Bar2,H5) Coloured(r,g,b,t)style(line,1) bordercolor(r,g,b,t) //Upper Wick DrawRectangle(BarIndex – Bar2,min(O5,C5),BarIndex – Bar2,L5) Coloured(r,g,b,t)style(line,1) bordercolor(r,g,b,t) //Lower Wick ENDIF Return

Hi robertogozzi,
Very smart to use GetTimeFrame instruction in order to calculate the offset for the begining of the higer timeframe candle, but as you can see in the pictures, there is a problem for last and firt candles of the week if the higher time frame is bigger than 1 hour… If higher time frame is 2 hours or 4 hours for example, last candle of the week and first one will overlap as in reality those candles do not last more than 1 hour. First full candle of 2 hours or 4 hours begin at 01:00…