MT4 Candle Size (Low-High)

Hello.

I hope I'm@the right place here in the forum.
I'm sure somebody will let me know if I'm not...

What I'm looking for is some "Add On" for the MT4 which can show me the total high of any candle by mouse over or just by plotting it on the chart (but this might be too messy of zoomed out)

I hope this feature doesn't come with the MT since I just can't find it. If it does anyway any hint would be highly appreciated.

Thanks.
MikeFT

The mouse over is already built into MT4.

If you mouse over (and hold the mouse on top of) the Closing price on a candle that has already closed, it will display the OHLC information for that particular candle as well as the date it opened and the volume.

If you mouse over the current price on the bar that has not yet closed and just hold it there, it will display the same information for the current bar. Both of these are displayed in a small popup window which maintains its size regardless of the level of zoom on the current chart.

There is another way which I think is a bit easier. It's built into MT4 already in the Status toolbar. All you have to do is put the mouse over the candle in question and the Status bar at the bottom will tell you the time of that candle's open, the open, high, low and close as well as the volume for that candle. Make sure it's enabled in the "View" menu by going to "View" and then "Toolbars." It's down by the data usage in the extreme bottom-right corner.

Hope this is what you were looking for. I have not heard of any other "add-ons" that do this but... they might be out there somewhere.

Yes, I know of this feature. Thanks for your reply!

The volue seemes not to be the actual height of a candle.
I couldn't figure out what it means (didn't really try yet), but it's something
different. Maybe the total ticks or something like that within that candle?

I guess I've not been very clear with what I'm exactly looking for...
I'm missing an easy way to see the total size (height) of a candle.

Soure MT is giving me high/low and I can calculate it, but I'd like to go without this additional step.


Greetings.
MikeFT

Hey Mike.


I haven't seen anything like that. I did, however, just create an indicator for you that shows that information for the most recent 5 candles. The left column shows the distance in price from the high to the low and the right column shows you distance in price from the open and close.


Hope this helps.


R

From what I understand by the title of the thread is that you want to know the range high to low of each candle ?

I have this indicator ( I can't remember where I got it from ) that does just that. Just place your cursor at the line of the indicator & read off the range in pips.

are you aware of the distance measuring tool that is built in: middle-click -> then left click and hold to drag the crosshair-cursor from A to B?

Why so uncreative? Make use of what is already there: The Average True Range indicator when set to a period of 1 will show this information for every candle. And it also has a mouse over already built in.

and if you open the data window it will show all values of all indicators when you move the mouse around without cumbersomely pointing the mouse to the exact line or bar.

Oh that's good... I didn't see that in Hanover's tips and tricks post.

Thanks, 7

lol and... in light of your other comment, I'm looking for opportunities to learn more about mql4. Coding easy indicators is a great way to do it.

My uncreative post stemmed from a creative exercise

I'm checking the ATR and shall use it myself if it's as useful as it sounds.


Thanks for the info and... maybe let Hanover know these are there if you haven't already.


Cheers

Hi re457. Thanks for your work. This is a handy little indi - even if we all found out in the meantime that the ATR is also easy to use...
I might end up using your indicator anyway, because it's plotting the needed information right on the chart...

Thanks.
MikeFT

Thanks Shabs.

This works, but it seemes to be exactly what the ATR is - just named different.

Very helpful information 7bit. Thanks a lot.

Absolutely love the crosshair measuring tool. I didn't know it was there. Is there a list somewhere of "handy MT4 tools"?

frollollc,
try this.
go to MT4's "Help"/UserGuide by pressing the F1 key on your keyboard. the MT4 Help Guide has its own search tool (just like what we have here on FF), use it as much as necessary.

I have seen a few indicators that give you candle size in pips and time to next candle. I was wondering if someone could combine them to indicate both of these values to the right of the candle.

Thanks

Need help here to modify one of these indicators so that it could tell me the total size for the 2 previous closed bars.
If you look at the attached 4-hour chart, I would need to know the range for the 8-hour range.
I already tried to use 8-hour charts in MT4 but unfortunately they are not reliable enough...
Thanks!!
TF1

Please have a look here:
http://www.forexfactory.com/showthread.php?t=626174

If you're looking for a Mt5 version, I found this:

Hi,

Iam looking for a MT4 indicator which generates Buy/Sell Signals (In Arrow) based on these criteria

If 1st previous candle of any periods
(High - Close) > (Close - Low) = sellers

or

If 1st previous candle of any periods
(High - Close) < (Close - Low) = buyers

Calculate last 14 candles/bars buyers and sellers...If 2:1 of buyers:sellers (Generate Buy Signal) or If 1:2 of buyers and sellers (Generate Sell Signal)

Thanks and Regards