Own candlestick Chart

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  • 09/19/2021 at 12:22 AM #177878 quote
    IG_CFD_Trader
    Participant
    Average

    Hello PRT experts,

    Is it possible to combine a series of candles from a 1Hr chart to create our own candlestick chart?

    Please note that this is different than using a different timeframe to achieve same, because in PRT the timezone is set and can only be altered globally and not individually.

    For example, I want to combine the last 4 bars on a 1Hr chart together and draw them as a single bar. Note this is different than simply looking at 4hr chart (every 1 bar) or 15min chart (every 4 bars).

    I would appreciate any expert input.

    Stay Safe and my best regards

    09/19/2021 at 5:34 AM #177883 quote
    robertogozzi
    Moderator
    Master

    There can’t be holes in between candles, so you will have to:

    1. use DRAWCANDLE to plot a white candle so that the original one (almost) disappears
    2. use DRAWCANDLE to plot, in the 4th hour’s place, the combined OHLC values, the lowest LOW, the highest HIGH, the first OPEN, the last CLOSE.

    Try this (not tested):

    DRAWCANDLE(Open,High,Low,Close) COLOURED(255,255,255,255) BORDERCOLOR(255,255,255,255)
If openhour MOD 4 = 0 then
   O4 = open
   H4 = high
   L4 = low
Endif
H4 = max(high,H4)
L4 = min(low,L4)
If openhour MOD 4 = 3 then
   C4 = close
   DRAWCANDLE(O4,H4,L4,C4)
Endif
RETURN
    09/19/2021 at 8:55 AM #177890 quote
    robertogozzi
    Moderator
    Master

    This is slightly better:

    Size1 = 1.01
Size2 = 0.99
DRAWCANDLE(High*Size1,High*Size1,Low*Size2,Low*Size2) COLOURED(255,255,255,255) //BORDERCOLOR(255,255,255,255)
If (openhour MOD 4 = 0) OR (IntraDayBarIndex = 0) then
   O4 = open
   H4 = high
   L4 = low
Endif
H4 = max(high,H4)
L4 = min(low,L4)
If openhour MOD 4 = 3 then
   C4 = close
   DRAWCANDLE(H4*Size1,H4*Size1,L4*Size2,L4*Size2) COLOURED(255,255,255,0) //BORDERCOLOR(255,255,255,255)
   r = 255
   b = 0
   IF C4 > O4 THEN
      r = 0
      b = 255
   ENDIF
   DRAWCANDLE(O4,H4,L4,C4) coloured(r,0,b,255)
Endif
RETURN
    x-10.jpg x-10.jpg
    09/19/2021 at 11:11 AM #177905 quote
    IG_CFD_Trader
    Participant
    Average

    tnx mate 🙂

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Own candlestick Chart


ProBuilder: Indicators & Custom Tools

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IG_CFD_Trader @wnakhoul Participant
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This topic contains 3 replies,
has 2 voices, and was last updated by IG_CFD_Trader
4 years, 4 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 09/19/2021
Status: Active
Attachments: 1 files
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